EMEA News
Repsol Starts Renewable Fuel Production at Puertollano Plant
Energy company Repsol has started large-scale production of renewable fuels at its Puertollano industrial complex in Spain, adding new supply capacity for the shipping sector.
The new plant can produce 200,000 mt/year of renewable diesel made from used cooking oil and other agri-food waste, Repsol said in a statement on its website on Tuesday.
Repsol said the fuel can be used immediately in ships, trucks and cars through existing infrastructure.
The company invested more than €130 million in the project, which converts a former fossil fuel processing unit into a renewable fuel production facility.
According to Repsol, the use of the fuels produced at the plant could avoid around 700,000 mt/year of CO2 emissions on a lifecycle basis versus conventional fuels.
The Puertollano unit is Repsol’s second dedicated renewable fuel plant on the Iberian Peninsula, alongside its Cartagena facility.
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| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
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| Rotterdam | 686.00 | 14.00 | 1391.00 | 17.50 |
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| Global Average Bunker Price | 926.00 | 0.50 | 1593.50 | 10.00 |
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