“This important investment demonstrates our ongoing commitment to refining,” said Lori Ryerkerk, Executive Vice President for Shell’s global Manufacturing business. “The Pernis refinery plays a key role in the European market and this modern and innovative unit will further improve its performance and competitiveness.”

Construction work is planned to start next year, subject to permit approvals, with completion expected by the end of 2018. The new unit will not change the refinery’s total processing capacity, but will allow a different product mix. Some existing units will require modifications in order to integrate with the new SDA unit.

Shell Pernis is the largest integrated refinery complex in Europe and occupies a strategic location in the Rotterdam industrial region. It has a strong track record of safe and reliable operations.

The SDA unit will give the refinery more flexibility to respond to market developments and reduce the environmental footprint of its products. The investment strengthens Shell Pernis’ position as an important contributor to the Dutch economy and as one of the largest employers in the Rotterdam port area.

Enquiries

Shell Media Relations
International: +44 20 7934 5550
Netherlands: +31 70 377 8750

Shell Investor Relations
International: +31 70 377 4540
North America: +1 832 337 2034

Notes to Editors

  • Shell Pernis is the largest integrated refinery/chemicals manufacturing site in Europe with a capacity of 404,000 barrels per day. It makes a wide range of products, including a variety of fuels and feedstock for chemical plants.
  • The site employs around 1,900 staff and 1,000 contractors on average. At its peak, around 1,000 more people will be working on the construction of the SDA unit.
  • It is one of several integrated complexes that make up Shell's Global Manufacturing business. Other such integrated facilities operate in Singapore, Canada and the US Gulf Coast.
  • Shell Global Manufacturing is part of an integrated value chain that converts crude oil into high-value products, which are moved and sold around the world for domestic, industrial and transport use.
  • Today, our global manufacturing network includes interests in 24 refineries with the capacity to process more than 3.1 million barrels of crude oil per day (Shell share). About 35% of our refining capacity is in Europe and Africa, 39% in the Americas and 26% in Asia and Oceania.
  • Our integrated global business helps us to share infrastructure and processing expertise and improves access to a variety of feedstocks. This gives Shell a competitive advantage over stand-alone refining companies.
  • We continue to invest in energy efficiency improvements at our manufacturing sites to reduce our greenhouse gas emissions and minimise any environmental impact.

Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this presentation “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this presentation refer to companies in which Royal Dutch Shell either directly or indirectly has control. Companies over which Shell has joint control are generally referred to as “joint ventures” and companies over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This announcement contains forward looking statements concerning the financial condition, results of operations and businesses of Shell and the Shell Group. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell and the Shell Group to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward looking statements are identified by their use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "goals", "intend", "may", "objectives", "outlook", "plan", "probably", "project", "risks", "seek", "should", "target", "will" and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and the Shell Group and could cause those results to differ materially from those expressed in the forward looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward looking statements. Additional factors that may affect future results are contained in Shell's 20-F for the year ended 31 December 2014 (available at www.shell.com/investor and www.sec.gov ). These factors also should be considered by the reader.  Each forward looking statement speaks only as of the date of this announcement, 08 December 2015. Neither Shell nor any of its subsidiaries nor the Shell Group undertake any obligation to publicly update or revise any forward looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward looking statements contained in this announcement.

More in Media

Follow us

Keep up to date with developments at Shell via email alerts, Twitter and our Investor and Media app.

you may also be interested in

Leadership

Read about our Executive Committee, led by CEO Ben van Beurden, and Board of Directors.

Investors

Keep up to date with our share price, quarterly results and upcoming events.