New biorefinery plans for South America
The company is a leading biofuel producer in South America and, subject to the client’s final investment decision, the biorefinery will produce 200,000 tonnes per year of high-quality renewable diesel from advanced bio-feedstocks.
NextChem will be the exclusive engineering, procurement and construction (EPC) contractor and the Brazilian plant is expected to be operational in 2023.
The biorefinery will transform natural oil, waste vegetables oils and tallow into HVO (Hydrogenated Vegetable Oils) also known in the market as renewable diesel.
Renewable diesel is a fuel which is chemically identical to petroleum-based diesel with the advantage of improved performance. It is used worldwide as a drop-in biofuel in diesel vehicles with no engine modifications.
Furthermore, the renewable diesel allows a carbon intensity reduction, for greenhouse gas emissions, above 80% compared with petroleum-based diesel.
Maire Tecnimont Group, through its subsidiaries Essential Energy and NextChem, has experience in EPC contracting in energy services including in South America. Additionally, NextChem has been active in energy transition projects with a focus on deploying solutions in carbon footprint reduction, through the development of new technologies for the production of biofuels and biochemicals from biobased feedstock and circular chemicals from waste.