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Submitted URL: https://e8h899aab.cc.rs6.net/tn.jsp?f=001RK760uo42YbmzlHbUGo6ze279DHkwgD2jiQFtMbiqnOzes8uRyq_k4tNVUu-xsdGCLyhJGolcuZE5UiED69W...
Effective URL: https://jobbersworld.com/2024/01/26/shell-invests-to-repurpose-german-energy-and-chemicals-park-rheinland/
Submission: On April 11 via api from US — Scanned from DE

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 * January 26, 2024



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SHELL INVESTS TO REPURPOSE GERMAN ENERGY AND CHEMICALS PARK RHEINLAND

Shell Deutschland GmbH has taken a final investment decision (FID) to convert
the hydrocracker of the Wesseling site at the Energy and Chemicals Park
Rheinland into a production unit for Group III base oils, used in making
high-quality lubricants such as engine and transmission oils. Crude oil
processing will end at the Wesseling site by 2025 but will continue at the
Godorf site.

Huibert Vigeveno, Shell’s Downstream and Renewables Director, said: “The
repurposing of this European refinery is a significant step towards serving our
growing lubricant customer base with premium base oils. This investment is part
of Shell’s drive to create more value with less emissions.”

The high degree of electrification of the base oil plant, as well as the ceasing
of crude oil processing into fuels at the Wesseling site, is expected to reduce
Shell’s scope 1 and 2 carbon emissions (those which come directly from our
operations and those from the energy we buy to run our operations) by around
620,000 tonnes a year. Shell’s target is to become a net-zero emissions energy
business by 2050.

The new base oil plant is expected to start operations in the second half of
this decade. It will have a production capacity of around 300,000 tonnes a year,
equivalent to about 9% of current EU demand and 40% of Germany’s demand for base
oils.


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NEWS ARCHIVES


LUBRICANT NEWS


CASTROL IS LAUNCHING MORECIRCULAR – A NATIONWIDE PROGRAM FOR BUSINESS CUSTOMERS
TO ADVANCE A LOWER-CARBON-FOOTPRINT, MORE CIRCULAR US LUBRICANTS INDUSTRY


JOHNSON MATTHEY AND BP TECHNOLOGY CHOSEN FOR THE WORLD’S LARGEST FISCHER TROPSCH
SAF PRODUCTION PLANT


NESTE AND LOTTE CHEMICAL TEAM UP ON RENEWABLE CHEMICALS AND PLASTICS


DAVID WEBER OIL EXPANDS ITS OPERATIONS VIA A MERGER WITH MILES PETROLEUM


FUCHS SE AND MERCEDES-BENZ AG ANNOUNCE STRATEGIC BUSINESS PARTNERSHIP TO DRIVE A
QUALITY COLLABORATION IN THE AUTOMOTIVE AFTER-SALES


LUCAS OIL PREMIUM MOTOR OILS TO HIT SOUTH AMERICAN MARKETS THROUGH VT BATTERIES


RELADYNE AND DRIVEN BRANDS EXTEND AGREEMENT FOR DURAMAX SUPPLY AT TAKE 5 OIL
CHANGE LOCATIONS


FUEL ME SECURES $18 MILLION IN OVERSUBSCRIBED SERIES A TO REDEFINE FUEL
PROCUREMENT AS WE KNOW IT


CASTROL AND BP SIGN TIMELESS SUPERSTAR SHAH RUKH KHAN AS BRAND AMBASSADOR


INFINIUM’S PROJECT PATHFINDER IS WORLD’S FIRST FULLY OPERATIONAL EFUELS FACILITY



Click for More Articles


MERGERS AND ACQUISITIONS


RENEWABLE ENERGY GROUP ACQUIRES NORTHERN CALIFORNIA DISTRIBUTOR DAWSON OIL
COMPANY


MCDOUGALL ENERGY INC. ANNOUNCES COMPLETION OF DOWLER-KARN ACQUISITION


RENEWABLE ENERGY GROUP ACQUIRES CALIFORNIA-BASED AMBER RESOURCES, LLC


PETROCHOICE EXPANDS SOUTHEAST REACH WITH ACQUISITION OF APS LUBRICANTS (ADVANCED
PERFORMANCE SERVICES, INC).


AMERICAN INDUSTRIAL PARTNERS ANNOUNCES ACQUISITION OF RELADYNE, INC.


MATRIX ANNOUNCES THE SUCCESSFUL SALE OF JACK’S CONVENIENCE STORES


BREWER-HENDLEY OIL COMPANY PARTNERS WITH CADENCE PETROLEUM GROUP


MATRIX ANNOUNCES THE SALE OF HAYWOOD OIL COMPANY, INC.’S (D/B/A PEAK ENERGY)
CONVENIENCE RETAIL, PETROLEUM MARKETING AND WHOLESALE FUELS BUSINESS


MATRIX ANNOUNCES THE SUCCESSFUL SALE OF SLIDELL OIL COMPANY, LLC


VALOR OIL ACQUIRES FORD’S FUEL SERVICE, INC OF LORIS, SC


MATRIX ANNOUNCES THE SUCCESSFUL SALE OF TRI-STATE PETROLEUM CORPORATION

Click for More Articles


PRICE CHANGES IN THE INDUSTRY


MORE BASE OIL INCREASES


MOTIVA ANNOUNCES BASE OIL PRICE INCREASE


UPDATED SUMMARY OF LUBRICANT PRICE INCREASES


AFTON TO INCREASE LUBRICANT ADDITIVE PRICES


MORE BASE OIL PRICE INCREASES


SUMMARY OF RECENT BASE OIL PRICE INCREASES


EXXONMOBIL TO INCREASE BASE OIL PRICES


MORE DECREASES IN BASE OIL POSTINGS


MOTIVA ANNOUNCES BASE OIL POSTING DECREASE


SAFETY-KLEEN DECREASES THE POSTED PRICE FOR KLEEN+ BASE OILS


MOTIVA ANNOUNCES DECREASE ON POSTED BASE OIL PRICES


CHEVRON AND CITGO ANNOUNCE LUBRICANT PRICE ADJUSTMENTS


EXXONMOBIL REVISITS ITS RECENT LUBRICANT PRICE INCREASE

Click for More Articles

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