Radiocor News

Eni ups FY proforma adj EBIT guidance to around 15 bln eur -2-

Enlive, Petronas, Euglena to build Malaysia biorefinery (Il Sole 24 Ore Radiocor) - Milan, 26 Jul - Eni also said that its biofuels unit Enlive, Malaysian energy group Petronas, and Euglena have reached the final investment decision to develop a biorefinery which will be located within Petronas' Pengerang Integrated Complex, Johor, Malaysia.

The three companies will establish a joint venture company in Malaysia to construct and operate the biorefinery, with Petronas Mobility Lestari (PMLSB), a subsidiary of Petronas, and Enilive as the largest shareholders.

Targeted to be operational by the second half of 2028, the biorefinery will have the capability to produce sustainable aviation fuel (SAF) and other biofuels such as renewable diesel/ hydrogenated vegetable oil (HVO) to cater to the growing demands of the global aviation and transportation industries by tapping each partner's expertise.

The construction of the biorefinery is expected to begin in the fourth quarter of this year, and upon completion, will have the capability to process about 650,000 tonnes per year of raw materials to produce SAF, HVO, and bio-naphtha.

The wastes and residue feedstocks for the biorefinery will comprise used vegetable oils, animal fats, waste from the processing of vegetable oils, and other biomass including microalgae oils which will be explored in the mid-term.

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(RADIOCOR) 26-07-24 09:00:55 (0194) 5 NNNN

 


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