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Sweden’s Preem AB will curb the use of crude oil at the bigger of its two refineries from 2024, when it completes the revamp of a production unit.
The company’s investments, which include boosting production of fuels from feedstocks other than crude oil, won’t be affected by owner Mohammed Hussein Al Amoudi’s plans to initiate a review of the company that could include a possible sale, Chief Executive Officer Magnus Heimburg said in a phone interview.
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