VAROPreem to supply Preem Redefine HVO100 to Preem
VAROPreem is launching Preem Redefine HVO100, a Nordic Swan-Ecolabelled fuel, in Norway, which will be supplied to Preem.
Counterparts (2)
Deal Analysis
- Launch and supply of Preem Redefine HVO100, a Nordic Swan-Ecolabelled fuel.
- Strategic supply agreement between VAROPreem (supplier) and Preem (offtaker).
- Expansion of sustainable fuel offerings in the Norwegian market.
- Focus on biomass-derived HVO100, a key renewable diesel alternative.
Source Intelligence
The fuel is manufactured at VAROPreem’s manufacturing hub in Gothenburg. It is produced from raw materials such as residues from paper pulp production and food industries, and not from palm oil, palm-based residues, or soybean oil. The fuel delivers a minimum 90% reduction in fossil CO₂ emissions compared with fossil diesel. It is available on the Swedish and Norwegian markets. Quote: "The product is manufactured at VAROPreem’s manufacturing hub in Gothenburg" and "It is produced from raw materials such as residues from paper pulp production and food industries." and "It is not produced from palm oil, palm‑based residues, or soybean oil." and "As a result, the fuel delivers a minimum 90% reduction in fossil CO₂ emissions compared with fossil diesel." and "Available on the Swedish and Norwegian markets."
"VAROPreem is launching Preem Redefine HVO100, a Nordic Swan‑Ecolabelled fuel, in Norway."
"will initially be made available through bulk sales directly to commercial customers in the Norwegian market."
Global Infrastructure Sherpa