Kinetics Technology awarded EPC project to develop HVO complex at HOLBORN’s refinery
Published by Poppy Clements,
Assistant Editor
Hydrocarbon Engineering,
Once completed, the plant will produce approximately 220 000 tpy of high-quality renewable diesel and sustainable aviation fuel (SAF) using waste and residues feedstocks, biomasses and the residues of the agribusiness industry, as well as low carbon hydrogen.
The plant is expected to be operational in early 2027, including the pre-treatment and HVO units, and the interconnecting infrastructure with the existing facilities. The award has a value of around US$400 million.
HVO, also known as renewable diesel, is a fuel made from waste and residue feedstocks, which is processed to have the same chemical properties of fossil-based diesel, with the advantage of decreasing the reliance on petroleum and reduce the environmental impact. It is used worldwide as a drop-in biofuel in diesel vehicles with no engine modifications. Furthermore, renewable diesel can drastically abate greenhouse gas emissions compared to fossil-based diesel, meeting the sustainability criteria of the European Union’s Renewable Energy Directive (RED III).
MAIRE will leverage both its sustainable technology solutions’ technological know-how, as well as its integrated E&C solutions’ engineering and execution distinctive capabilities to deliver an HVO complex which will bring several advantages in terms of operational efficiency and carbon footprint reduction to the HOLBORN Refinery.
Alessandro Bernini, CEO of MAIRE Group, commented: “This important success confirms the role of MAIRE Group in the energy transition, and its ability to take on the decarbonisation challenges in hard-to-abate sectors.”
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/18062024/kinetics-technology-awarded-epc-project-to-develop-hvo-complex-at-holborns-refinery/
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