Vale and Petrobras signal settlement to provide merchandise targeted on decarbonization – Strategic alliance contains first direct sale of diesel with renewable content material.
Vale and Petrobras introduced on Friday the signing of a Strategic Alliance Settlement to provide merchandise with a give attention to competitiveness and advancing the decarbonization agenda. This settlement, which displays the pure evolution of the protocol of intentions signed by the businesses in September 2023, establishes circumstances for testing and doubtlessly advertising and marketing three strategic merchandise: co-processed diesel with renewable content material, pure fuel and bunker with 24% renewable content material. The merchandise included within the settlement had been outlined on the idea of joint research between the businesses.
Gustavo Pimenta, Vale’s CEO, mentioned:
We’re very comfortable to announce this broad partnership with Petrobras, which brings advantages to each corporations and creates worth for Brazil.
“The settlement reinforces Vale’s dedication to selling the decarbonization of its operations and providing options to scale back its prospects’ emissions, thus leveraging Brazil’s aggressive edge in renewable fuels.”
Magda Chambriard, Petrobras president, mentioned:
We’re growing ever greener fuels and honouring our dedication to decarbonize our actions.
“The partnership with Vale is one more realization of Petrobras’ objective of bettering manufacturing capability and the corporate’s logistics construction to ship to the market greener merchandise equivalent to Diesel R and reinforce our decarbonization technique,”
Diesel R5 is an S10 diesel with 5% HVO (hydrotreated vegetable oil) in its composition. It’s produced by co-processing oil derivatives with uncooked supplies of plant origin, leading to a product with an identical technical specs to mineral diesel and 60% much less carbon depth within the renewable portion.
The settlement supplies for collaboration on extra aggressive fashions for the availability of pure fuel, a necessary enter for the manufacturing of pellets and in addition iron ore briquettes – a product developed by Vale that contributes to selling the decarbonization of the metal trade.
And eventually, the alliance supplies for Petrobras to promote a really low-sulphur bunker mix with 24% biodiesel for testing on an iron ore transport vessel working for Vale.
Industrial testing of R5 diesel has begun
The primary motion beneath the settlement has already begun with the availability of diesel with renewable content material (Diesel R5) by Petrobras. The product started to be equipped to Vale within the second week of October to hold out industrial-scale checks on the Vitória-Minas Railroad and on the Fábrica Nova mine, within the Mariana Advanced (Minas Gerais, Brazil).
Petrobras is a pioneer within the growth of diesel with renewable content material. It’s a product obtained by co-processing in Petrobras refineries and doesn’t require any alterations to automobiles or storage constructions in an effort to be used. The product additionally requires a mix of biodiesel ester, in response to the proportion outlined by present rules.
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Vale and Petrobras signal settlement to provide merchandise targeted on decarbonization – Strategic alliance contains first direct sale of diesel with renewable content material. supply
