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 constructing 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% with Japan's Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production capability of 270,000 metric tons annually.
It will change waste products, such as utilized cooking oils, into renewable biodiesel and biojet fuel, likewise understood as sustainable aviation fuel (SAF), using green hydrogen produced by an electrolyser powered by wind or solar energy.
Galp said in a declaration it got on Wednesday the 3 reactors to process biofuels, which will enable the HVO unit to "produce SAF and biodiesel in 2026 ... placing Galp at the forefront of establishing low-carbon options essential 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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