Preem
Preem is Sweden's largest fuel company, operating two refineries and a nationwide network of approximately 500 filling stations. The company is a major producer of conventional and renewable fuels, with a strategic focus on transitioning towards sustainable production and reducing climate impact through significant investments in biofuel and hydrogen technologies.
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Refining CompanyOperatorDeveloperOfftaker
Strategic Overview
- Preem aims to become the leading company in Sweden for the production of renewable fuels.
- The company has a clear strategy to transition from fossil-based to renewable and circular production by 2035.
- Significant investments are focused on converting existing refinery capacity for biofuel production and exploring new technologies like green hydrogen.
Deal History (1)
Deal Activity from Public Sources
Preem's Project BioSync for the conversion of Lysekil refinery to produce 2.5 million cubic meters of renewable fuels annually
Preem receives €105 million in EU Innovation Fund grant for Project BioSync
Preem investigates large-scale fossil-free hydrogen production at Lysekil refinery
Investment Focus
Technologies
Biomass1
Geography
Norway1
Key People
Magnus Boström
CEO (acting)
Helena Bergstrand
CFO
Track Record
3
Deals Completed
46
Years Active
Notable projects: Project BioSync (Lysekil refinery conversion), Investigation for large-scale fossil-free hydrogen production (Lysekil)
Detailed Analysis
Technologies
Sectors
Geographies
Deal Stage
Global Infrastructure Sherpa