Shell Pauses Dutch Biofuels Plant Construction to Cut Costs
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Shell Plc has temporarily paused construction of a biofuels plant in the Netherlands in order to seek ways to cut the cost of the project.
“Temporarily pausing on-site construction now will allow us to assess the most commercial way forward for the project,” Huibert Vigeveno, Shell’s downstream, renewables and energy solutions director, said in a statement on Tuesday.