Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, will pause on-site construction work at its 820,000 tonnes a year biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands to address project delivery and ensure future competitiveness given current market conditions.

As a result, contractor numbers will reduce on site and activity will slow down, helping to control costs and optimize project sequencing.

Shell took a final investment decision for the planned biofuels facility in September 2021. The facility is designed to produce sustainable aviation fuel (SAF) and renewable diesel made from waste.

Temporarily pausing on-site construction now will allow us to assess the most commercial way forward for the project. We are committed to our target of achieving net-zero emissions by 2050, with low-carbon fuels as a key part of Shell’s strategy to help us and our customers profitably decarbonize.

—Huibert Vigeveno, Shell’s Downstream, Renewables and Energy Solutions Director

Following the decision to pause on-site construction, an impairment review will be conducted for this project. Further guidance will be included in Shell’s second quarter update note scheduled for publication on 5 July 2024.