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Our business

We drive the shift to renewable transport

Preem accounts for about 80 percent of the Swedish production capacity, and about half of all liquid fuel used in Sweden comes from Preem. We also produce heating and lubricating oils, and supply many industries with heat and energy.

Around two-thirds of the fuel production is sold to international customers, mainly in Northern Europe.

Preem is currently carrying out a large-scale transition, where we are phasing out fossil fuels in favor of renewables. We are making this transition while we aim to maintain the reliability of supply in Sweden and abroad.

Our Goal: One Of The World's First Climate-Neutral Refinery Company

Preem is undergoing a fundamental change. We are currently converting our production from fossil to renewable and developing our product range, among other things, with charging services. We aim to achieve a climate-neutral value chain with net zero emissions by 2035.

What we mean by Climate Neutrality and Net Zero Emissions

Preem follows the definition of "Climate Neutrality'' and "Net Zero Emissions'' used by the Science Based Target Initiative, SBTi. The definition is aligned with the requirements of the Paris Agreement.

It requires at least 90 percent lower emissions throughout the entire value chain, at the latest by 2050. The remaining 10 percent may be handled through so-called complementary measures.

  • Employees

  • Turnover 2022

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  • Service points in Sweden

  • Renewable fuels produced in 2022

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