Focus on fuel efficiency and reducing the environmental impact
Premium liquid fuels are one of the cornerstones of our strategy, and we are continuing to develop premium products for Nordic customers. It is important to introduce high-quality fuels that can be used in ordinary combustion engines, because they will dominate the traffic until 2030 and even years after that.
We constantly strive to develop and market new products that enable better fuel economy and reduce environmental impact. The share of renewable components we use has increased in recent years as we have incorporated larger volumes of bio-components such as ETBE, bio-MTBE, and HVO-naphtha.
A new biorefinery is under construction on the St1 refinery site in Gothenburg. The biorefinery will have an annual capacity of 200,000 tonnes of renewable fuels production and is expected to commence its operations in 2024. It is designed to optimize production of renewable diesel and sustainable aviation fuel.