PREEM AB
History
| Year | Detail |
|---|---|
| 1996 | Preem was founded by businessman Mohammed H. Al Amoudi by purchasing and merging Texaco stations and OK stations. |
| 2008 | Preem invested in SunPine, a Sweden-based industrial production plant for input material for renewable diesel from forestry residues. |
| 2018 | Preem and the wood industry company Setra collaborated to build a joint production facility to manufacture pyrolysis oil, a renewable raw material for biofuel. |
| 2025 | VARO Energy AG, a European energy company that sources, manufactures, blends, and distributes both conventional and sustainable energies and services, acquired Preem AB. |
