MOL Group starts biofuels processing at Danube Refinery
By Mary Page Bailey |
March 16, 2021
Following several years of research and development, MOL Group (Budapest, Hungary) has stepped up the value chain and has become a biofuel producer, through the realization of an investment in the Danube Refinery. Bio feedstock will be co-processed together with fossil materials increasing the renewable share of fuels and reducing up to 200,000 tons /year CO2 emission without negatively affecting fuel quality.
“MOL Group has been a biofuel user by purchasing more than 500.000 tons of biofuels (bioethanol and biodiesel) for blending. With this investment, we have started to produce sustainable diesel for the first time within MOL Group and we became biofuel producers. The benefits are numerous, as we produce more sustainable fuel, we will also help the circular economy by recycling waste. In line with our recently updated strategy, “SHAPE TOMORROW” we are planning to produce 100.0
MOL accelerates $4 5-billion fuels-to-chemicals transition
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