Danish Shell becomes Crossbridge Energy Fredericia

The oil company's Danish subsidiary and its refinery in the western part of the country have now been taken over by US company Postlane Partners. The new business is called Crossbridge Energy Fredericia.

Photo: Crossbridge Energy

Shell's old refinery in Fredercia, Western Demark, has now changed hands and will now file under US company Crossbridge Energy. Beyond a name change, the transfer also entails new plan for the facility.

Looking forward, Crossbridge Energy's refinery in Fredericia will reportedly work with new options for developing production, the group writes in a statement. Such possibilities entail, for instance, recycling surplus oil, plans to develop the plant's capabilities for co-processing renewable feedstocks, and to explore opportunities for making advanced biofuels.

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