As a part of Gunvor Group’s commitment to support the Energy Transition, we have been making significant investments to expand our trading and transform our asset base. Gunvor Petroleum Rotterdam B.V. (GPR), an oil refinery acquired in 2016, has already begun its journey to a sustainable future. New programs are underway, including plastics recycling and a proposed green hydrogen import terminal. Additional activities will be forthcoming as a part of Nyera, Gunvor’s investment vehicle dedicated to Energy Transition investments, sustainable commodities, and businesses.
To support these efforts, from January 2023, GPR and Stargate Oil Terminal Rotterdam B.V. have been consolidated and continue as Gunvor Energy Rotterdam B.V., a name that is more inclusive of the increasing number of Energy Transition projects that are underway. We look forward to working with our strategic partners that share our ambition in the realization of our plans to ensure our employees and our facilities have a future in the new energy landscape.