LISBON, Dec 19 (Reuters) - Portugal's Galp Energia expects to start producing biodiesel and biojet fuel from waste in an industrial-scale unit it is developing at its Sines refinery in 2026, the company, which is mostly an oil manufacturer and refiner, stated on Thursday.
Last year Galp got in into 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 per year.
It will change waste products, such as used cooking oils, into sustainable biodiesel and biojet fuel, likewise referred to as sustainable air travel fuel (SAF), using green hydrogen produced by an powered by wind or solar energy.
Galp stated in a statement it got on Wednesday the three reactors to process biofuels, which will permit 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
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Portugal's Galp Plans to Start Producing Biofuels In 2025
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