Mission Biofuels India Private Ltd

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  • Data fondare 6 februarie 1991
  • Joburi postate 0
  • Categorii Livrare / Distributie / Transport

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Portugal’s Galp Plans to Start Producing Biofuels In 2025

LISBON, Dec 19 (Reuters) – Portugal’s Galp Energia expects to start producing biodiesel and biojet fuel from waste in an industrial-scale system it is building at its Sines refinery in 2026, the company, which is mainly an oil manufacturer and refiner, said on Thursday.

In 2015 Galp entered into a 75%-25% joint venture with Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production capability of 270,000 metric heaps per year.

It will transform waste products, such as utilized cooking oils, into renewable biodiesel and biojet fuel, likewise understood as sustainable air travel fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar power.

Galp said in a declaration it received on Wednesday the three reactors to process biofuels, which will enable the HVO unit to „produce SAF and biodiesel in 2026 … putting Galp at the leading edge of establishing low-carbon options essential for the energy transition”.

Galp is likewise investing 250 million euros in a 100 megawatt (MW) electrolyser unit to produce green hydrogen to power the refinery in Sines. ($1 = 0.9637 euros) (Reporting by Sergio Goncalves;-RRB-