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Evening Standard
Evening Standard
Business

Shell reveals $2 billion in Rotterdam and Singapore write downs

Shell revealed the cost of the delays to its giant Dutch biofuels plant today, offering fresh insight into the extent of the latest blow to its push into green energy.

Construction of the Rotterdam biofuel facility – which will process used jet fuel into the environmentally friendly energy source – is on hold due to what Shell has previously referred to as weak market conditions.

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