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Finnish refiner and biofuels producer Neste is testing a renewable gasoline as a potential drop-in, lower-carbon fuel for conventional internal combustion cars, the company said May 21. Tests to study the properties of new fuel are currently underway on two cars in Sweden together with Powertrain Engineering Sweden AB, a supplier to Volvo Car, Neste .
New and revised entries Bosnia s Brod refinery has launched a solar power station, according to owner Zarubezhneft. The refinery suspended operations in 2019 for an upgrade and to prepare for the use of natural gas. A pipeline was being built to supply the refinery with natural gas to fuel its internal processes, and was expected to be ready in late 2020, although the company was not available to confirm whether that has been completed. The gas will replace fuel oil as a power source for the refinery processes.
Existing entries Serbia s Pancevo refinery said it expects to complete its FCC project by 2023. The refinery also plans to build a unit for the production of the octane enhancement chemical ETBE by 2024 and is currently awaiting a final investment decision on its catalytic cracker upgrade, which would enable it to increase propylene production.
REFINERY NEWS ROUNDUP: European companies announce more clean fuel projects
Finnish refiner and clean fuels producer Neste has identified Rotterdam in the Netherlands as the most likely site for its new “world scale” renewable products refinery, it said March 15. Neste also said a final investment decision for the project will be made either by the end of this year or early in 2022. “Based on the thorough studies and calculations, the overall cost of the investment is significantly lower in Rotterdam. Our decision relies on ensuring our future competitiveness and our renewables growth strategy execution,” said Neste President and CEO Peter Vanacker.
REFINERY NEWS ROUNDUP: European companies announce clean fuel projects
European companies are announcing cleaner fuel projects on the way to carbon neutrality that the EU is targeting for 2050.
However delegates of the 10th EU refining forum in late February said that liquid fuels continue to be used. By 2050, at least half of the energy will continue to be provided by liquid fuel but in a “low carbon form,” according to panel participants.
Italy’s Eni in its 2021-2024 strategy update pledged to be fully carbon neutral or achieve net zero emissions by 2050 covering scope 1, 2 and 3 of greenhouse gas emissions, as it looks to grow its renewable energy business. The decarbonization of Eni’s products will be achieved by expanding bio-refineries and renewables production, along with investing in carbon capture storage projects, among other initiatives. Eni is looking to double its bio-refining capacity to around 2 million mt/year by 2024, increasing this capacity at least five