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Maire Tecnimont S.p.A., through its subsidiary NextChem, and Essential Energy USA Corp. have executed a FEED contract as well as a Memorandum of Understanding for the construction of a new biorefinery in South America for the production of renewable diesel.
Subject to a final investment decision, the biorefinery will produce 200 000 tpy of renewable diesel from advanced bio-feedstocks. NextChem will be the exclusive EPC contractor. The project is expected to be operational in 2023.
The biorefinery will transform natural oil, waste vegetables oils and tallow into hydrogenated vegetable oils (HVOs), also known in the market as renewable diesel. The renewable diesel is a fuel which is chemically identical to petroleum-based diesel with the advantage of improved performance. It is used worldwide as a drop-in biofuel in diesel vehicles with no engine modifications. Furthermore, the renewable diesel allows a carbon intensity reduction, for greenhouse gas emissions, above 8