Statoil to invest in greening Danish refinery

Norway's Statoil AS yesterday announced it will spend some 400 million Danish kroner on a new diesel oil facility at its Kalundborg refinery near Copenhagen as part of plans to get the jump on European sulphur content legislation due to come into force in 2005. The new plant, expected to be up and running by 2002, will cut the sulphur content of diesel oil by 80%, from 0.005% to just 0.001%, and 'substantially reduce' carcinogenic aromatics and polyaromatics levels in the product.

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