Repsol will build the first production plant for advanced biofuels in Spain at its Cartagena refinery. From this new facility, the multi-energy company, committed to the circular economy as a tool for efficient resource use and emissions reduction, will annually supply 250,000 tons of advanced biofuels for aircraft, trucks, and cars. The new facility, construction of which will represent an estimated investment of EUR 188 million, will include the commissioning of a hydrogen plant that will fuel a new hydrotreatment unit equipped with cutting-edge technology.
This project is part of Repsol's commitment to the energy transition and its goal of achieving net zero emissions by 2050. The advanced biofuels produced at the Cartagena refinery will enable a reduction of 900,000 tons of CO2 annually – approximately the equivalent of the CO2 absorption of a forest the size of 180,000 soccer fields – in yet another of the company's initiatives to fight climate change and, at the same time, give recycled raw materials a new use.
Posted By : Yogender Pancholi on Wed, 28 Oct 2020