€24 million investment in a new biorefinery at ZILS (Sines Industrial and Logistics Zone)
In recent years InKemia has developed a new biofuel (S-50) with characteristics similar to those of diesel and biodiesel. The S-50 has crude glycerin as one of its main raw materials. The S-50 has been totally developed within the European Union and thoroughly tested, both in laboratory environment and in engines.
The company selected Portugal – ZILS, adjacent to the harbor of Sines – to locate the first industrial facility in the world to produce and market the S-50. The total investment will amount to nearly 24 million euros, generating 23 FTE and inducing between 15 to 20 indirect jobs.
The project will positively impact Portuguese exports, since it is estimated that over 70% of its annual 30,000 metric tons production will be for the Spanish, Italian, German, Dutch and UK markets.
The industrial facility will take up about one hectare of Lot E, Zone 1 of ZILS, a petrochemical industrial site managed by aicep Portugal Global:
http://www.globalparques.pt/en/enzils/parks/zils-global-parques/summary/70
Categories
Investments
Chemical substances
Countries
Latest news
NEXTCHEM awarded a feasibility study by Mana Group and Equinor for the production of sustainable fuels in Norway leveraging its NX Circular™ technology
With the support of NEXTCHEM, Mana (NG Nordic) and Equinor are entering an early-stage strategic partnership to explore the potential development of the Nordics' first large-scale waste-to-methanol...
A circular economy pioneer
REMONDIS' Lippe Plant →Founded back in 1991, RETERRA has transformed itself from a regional composting business into a nationwide biomass management specialist.
ECLUSE Scheldt Tunnel Completed: Belgium’s longest microtunnel is now a reality
Port Of Antwerp →Work on extending the ECLUSE steam network from the left to the right bank of the Scheldt has reached a major milestone. The tunnel that will carry the pipelines beneath the river has now been comp...
PureCycle Receives REACH Certification, Unlocking EU Sales of PureFive™ Resin
Port Of Antwerp →PureCycle Technologies has received the REACH Certificate of Compliance, allowing the Company to sell PureFive™ resin to customers in the European Union. PureCycle has plans to build its first Euro...