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Agro Diesel (India) Private Ltd

Overview

  • Founded Date May 29, 1982
  • Sectors Retail
  • Posted Jobs 0
  • Viewed 20
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Company Description

Portugal’s Galp Plans to Start Producing Biofuels In 2025

LISBON, Dec 19 (Reuters) – Portugal’s Galp Energia anticipates to begin producing biodiesel and biojet fuel from waste in an industrial-scale unit 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 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 of 270,000 metric heaps per year.

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

Galp stated in a statement it got on Wednesday the 3 reactors to process biofuels, which will permit the HVO system to “produce SAF and biodiesel in 2026 … placing Galp at the forefront of establishing low-carbon options necessary 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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