ECB Group Paraguay and Shell have signed a multi-year contract for more than 500 million litres of renewable diesel and renewable jet fuel annually.
The contract is expected to run from 2024.
The renewable diesel Hydrotreated Vegetable Oil (HVO) and Sustainable Aviation Fuel (SAF), will be produced at ECB’s to-be-built Omega Green biorefinery with a total production capacity of 20,000 barrels per day of HVO, SAF and green naphtha.
"We are delighted to have Shell as our single largest offtaker,” said founder and CEO of the ECB Group, Erasmo Carlos Battistella. “With Shell’s well-known focus on decarbonisation initiatives, it makes perfect sense for us to work together to provide renewable fuels solutions, especially in the road transportation and aviation sectors.
“This agreement also positions the Omega Green state-of-the-art biorefinery as a major producer to supply a growing demand for low carbon fuels.”
The ECB Group, led by Battistella, is Brazil's leading producer of biodiesel with an annual capacity of 828 million litres.
With the new contract, the group has established itself as the leading future producer of HVO and SAF in the southern hemisphere.
“Biofuels must play a key role in achieving a net-zero emissions energy system, but collaboration is critical if the world’s supply and use of these low-carbon fuels is to become more widespread,” said Odeh Khoury, Shell vice president for products trading and supply, Americas.
“We are pleased to work with ECB Group to supply low carbon biofuels to meet the demand for cleaner energy from our customers around the globe. By combining ECB’s production capabilities and regional presence with Shell’s global biofuels trading expertise we are able to bring a significant volume of renewable fuels into the global market.”
The ECB Group venture to build and operate the Omega Green biorefinery includes contractor Honeywell UOP, owner of the renewable fuel refining technology for UOP Process reactors , Crown Iron Works, a US company that provides processing systems and technologies, including feedstock pretreatment technology, and Acciona, one of the world's largest engineering and construction companies.
Popular News Stories
LATEST VIDEOHow sustainable aviation fuel (SAF) is making its way in the aviation sector