Oleovest Pl

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  • Data fondare 22 mai 2022
  • Joburi postate 0
  • Categorii Bucatarie / Cofetarie / Alimentatie

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Portugal’s Galp Plans to Start Producing Biofuels In 2025

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

Last year Galp participated in a 75%-25% joint endeavor with Japan’s Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Vegetable Oil (HVO) plant, which will have a production capacity of 270,000 metric heaps annually.

It will change waste products, such as used cooking oils, into renewable biodiesel and biojet fuel, likewise referred to as sustainable aviation fuel (SAF), utilizing green hydrogen produced by an electrolyser powered by wind or solar power.

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

Galp is also 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-

 
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