By Jaime Llinares Taboada

Royal Dutch Shell PLC said Thursday that it will build a 820,000 metric ton-a-year biofuels facility at its Energy and Chemicals Park in Rotterdam, the Netherlands.

The energy company said it has reached a final investment decision on the project, which is expected to start production of low-carbon fuels in 2024.

Shell said the site will be among the biggest in Europe to produce sustainable aviation fuel and renewable diesel made from waste.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

September 16, 2021 06:25 ET (10:25 GMT)

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