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<br>LISBON, Dec 19 (Reuters) - Portugal's Galp Energia [expects](https://www.google.com/search?kgmid=/m/0cqd_rb) to start producing [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and [biojet fuel](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) from waste in an industrial-scale unit it is constructing at its [Sines refinery](https://www.pinterest.com.au/missionnewenergy/) in 2026, the company, which is mainly an oil manufacturer and refiner, said on Thursday.<br> |
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<br>In 2015 Galp [participated](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) in a 75%-25% with [Japan's Mitsui](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) 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](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br> |
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<br>It will change waste products, such as utilized cooking oils, into [renewable](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and biojet fuel, likewise understood as sustainable aviation fuel (SAF), using [green hydrogen](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) produced by an [electrolyser](https://pitchbook.com/profiles/company/51278-86) powered by wind or solar energy.<br> |
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<br>Galp said in a [declaration](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) it got on Wednesday the 3 reactors to [process](https://www.businessnews.com.au/Company/Mission-NewEnergy) biofuels, which will enable the [HVO unit](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to "produce SAF and [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) in 2026 ... placing Galp at the forefront of establishing low-carbon options essential for the energy transition".<br> |
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<br>Galp is also investing 250 million euros in a 100 [megawatt](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) (MW) [electrolyser unit](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to [produce](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [green hydrogen](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to power the [refinery](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in Sines. ($1 = 0.9637 euros) ([Reporting](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) by Sergio Goncalves |
