Agreement reached to develop SAF at German site
Gevo and HCS Group have signed a memorandum of understanding to develop and build a renewable hydrocarbon facility.
This will be built at HCS Group’s site located in Speyer, Germany, to utilise Gevo’s low-carbon sustainable aviation fuel (SAF) technology.
The plan is to produce approximately 60 kMT (22 million gallons per year) of renewable hydrocarbons, advanced renewable fuels, and low-carbon SAF by the end of 2024.
The HCS Group's manufacturing centre, operated by the Haltermann Carless brand, is strategically located in the geographical centre of Europe, at the Rhine river and in the vicinity of Frankfurt airport.
“This project, developed in technology partnership with Gevo, is a key element of HCS Group’s strategy and our aspiration to be a perpetual pioneer in the area of high-value hydrocarbons, while making a clear contribution to defossilisation and the reduction of greenhouse gas emissions,” said Henrik Krüpper, CEO of HCS Group.
“We are excited to enable our customers in the aviation, premium fuels and personal care industries with bio-based solutions to meet their sustainability goals. Using our existing infrastructure in Speyer including our new hydrogenation plant allows us to minimise time-to-market, certification and approval processes, and costs for this first-of-its-kind project.”
Gevo CEO Patrick Gruber said: “Gevo and HCS Group have a long-standing and productive relationship at supplying products to service existing HCS Group customers with renewable chemicals and high-octane products. Given that history, and the need for SAF in Europe, it made strategic sense to develop a joint project in the EU.”
This will be built at HCS Group’s site located in Speyer, Germany, to utilise Gevo’s low-carbon sustainable aviation fuel (SAF) technology.
The plan is to produce approximately 60 kMT (22 million gallons per year) of renewable hydrocarbons, advanced renewable fuels, and low-carbon SAF by the end of 2024.
The HCS Group's manufacturing centre, operated by the Haltermann Carless brand, is strategically located in the geographical centre of Europe, at the Rhine river and in the vicinity of Frankfurt airport.
“This project, developed in technology partnership with Gevo, is a key element of HCS Group’s strategy and our aspiration to be a perpetual pioneer in the area of high-value hydrocarbons, while making a clear contribution to defossilisation and the reduction of greenhouse gas emissions,” said Henrik Krüpper, CEO of HCS Group.
“We are excited to enable our customers in the aviation, premium fuels and personal care industries with bio-based solutions to meet their sustainability goals. Using our existing infrastructure in Speyer including our new hydrogenation plant allows us to minimise time-to-market, certification and approval processes, and costs for this first-of-its-kind project.”
Gevo CEO Patrick Gruber said: “Gevo and HCS Group have a long-standing and productive relationship at supplying products to service existing HCS Group customers with renewable chemicals and high-octane products. Given that history, and the need for SAF in Europe, it made strategic sense to develop a joint project in the EU.”
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