Greenergy to invest in production of low-carbon fuels from waste tyres
UK-headed mid-stream oil company Greenergy International Ltd (Greenergy) has announced its “continued commitment” to renewables through investment in advanced biofuels. Utilizing a combination of existing technologies, the project is earmarked to be located at Thames Enterprise Park, a Greenergy joint venture near London, and will create low carbon fuels from waste tyre feedstock.
According to a statement, the project, the investment value of which has not been disclosed, will utilize pyrolysis and hydrotreating technologies to convert waste tyres into renewable drop-in advanced biofuels that can be used in diesel and petrol and qualify as development fuels under the UK’s Renewable Transport Fuel Obligation (RFTO).
The plant, which will also have the capability to produce sustainable aviation fuel (SAF), is earmarked to be located at Thames Enterprise Park, a Greenergy joint venture near London, subject to planning approval and with a view to commencing commercial production in 2025.
“We have been exploring innovative ways to produce liquid fuels from different waste products to continue to create new forms of development fuels and deliver further carbon savings in the years ahead. This milestone for the project is a key part of our strategy to expand our industry-leading renewables business. Our customers will continue to benefit from our integrated approach to manufacturing and blending of renewable fuels”, said Christian Flach, CEO of Greenergy.
At FEED stage
The project is at the Front End Engineering Design (FEED) stage and when complete, the project will help to address the UK’s waste tyre challenge and meet the growing demand for innovative waste-based fuels under the UK’s RFTO.
In the first phase, the planned facility will process up to 300 tonnes per day of shredded tyres to produce low-carbon, low-sulfur drop-in fuels that can be blended into diesel and gasoline. The manufacturing process also creates recovered carbon black, a product that can be used in the circular economy to produce new tyres and other industrial rubber products.
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