OMV Petrom secures its uncooked materials for the manufacturing of sustainable aviation gasoline.
OMV Petrom, the most important built-in power producer in Southeastern Europe, concluded a contract with Expur S.A. for the provision of totally refined vegetable oil. Will probably be used as feedstock within the Petrobrazi refinery’s sustainable aviation gasoline (SAF) and renewable diesel (HVO) manufacturing facility, for which the corporate just lately made remaining funding determination.
The contract was concluded for a interval of six years, with the potential of extension for added two years, with deliveries to start in 2028.
In response to the contract, Expur will provide a most whole amount of 0.7 million tons, with an estimated worth of over EUR 750 mn, relying on the ordered amount. The worth relies on a formulation that’s listed to a world citation.
Radu Căprău, member of the OMV Petrom Govt Board liable for Refining and Advertising and marketing:
We’re all the time searching for options for low-carbon emissions transportation, in order to stay our clients’ most popular alternative sooner or later.
“Alongside electro-mobility, biofuels are our reply to this problem. By way of the contract with Expur, we’re securing a part of the uncooked materials to supply diesel from renewable sources, thus progressing in direction of our ambition to turn into the primary main producer of renewable fuels within the area.”
Expur S.A. is a Romanian firm, a part of the Avril Group, one of many largest producers of vegetable oil and diesel from renewable sources in Europe.
Nikolay Belchev, CEO Expur S.A.:
In Expur, we body our initiatives and investments on offering individuals with more healthy meals, defending nature and supporting the round financial system.
“Final yr we began up the engines of a cogeneration plant, a EUR 15.5 million funding the place we use the husks from sunflower seeds hulls to generate the electrical energy and steam wanted to run our Slobozia manufacturing facility. We’re the most important employer in Slobozia and we proceed to develop strategic partnerships such because the one with OMV Petrom to assist our long-term imaginative and prescient of changing into a pacesetter in offering individuals with wholesome meals and renewable power via excellence and innovation for a clear future.”
Not less than 50% of the contracted quantity of totally refined vegetable oil below this partnership comes from Romania, thus guaranteeing a sustainable stream alongside the complete provide chain, from manufacturing to putting the product on the native market.
OMV Petrom plans to take a position round EUR 1 bn for the decarbonization of transport in Romania, of which roughly EUR 750 mn might be for the development of a SAF/HVO facility and two inexperienced hydrogen services throughout the Petrobrazi refinery.
Final yr, OMV Petrom acquired a 50% stake in “Respiră Verde”, a pacesetter within the assortment of used cooking oil in Romania to make sure a supply of uncooked supplies to supply biofuels. “Respiră Verde” collects as much as 10 kt of used edible oil per yr from financial brokers in fields such because the hospitality business (inns, eating places) and retail.
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OMV Petrom secures its uncooked materials for the manufacturing of sustainable aviation gasoline. supply
