SHEL - Shell Pauses European Biofuels Facility Construction Reviews Project Economics | Benzinga
Shell plc (NYSE:SHEL) temporarily suspended on-site construction at its 820,000 tonnes per year biofuels facility in Shell Energy and Chemicals Park Rotterdam, Netherlands.
This decision aims to optimize project delivery and enhance future competitiveness in response to prevailing market conditions.
Consequently, the number of contractors on-site will decrease, and activities will slow down, contributing to cost control and optimizing project sequencing, stated the company.
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