Brief: Petronas, Enilive And Euglena Reach Decision On Biorefinery In Malaysia

Euglena

26/07/2024 06:05

July 26 (Reuters) - Eni SpA  ENI.MI :
    * PETRONAS, ENILIVE AND EUGLENA REACH FINAL INVESTMENT 
DECISION
TO CONSTRUCT A BIOREFINERY IN MALAYSIA
    * TARGETED TO BE OPERATIONAL BY SECOND HALF OF 2028,
BIOREFINERY
TO PRODUCE SUSTAINABLE AVIATION FUEL (SAF) AND OTHER BIOFUELS
    * COMPANIES TO ESTABLISH JV TO BUILD AND  OPERATE
BIOREFINERY,
PETRONAS MOBILITY LESTARI SDN BHD (PMLSB) AND ENILIVE TO BE
LARGEST SHAREHOLDERS.
    * BIOREFINERY TO PROCESS ABOUT 650,000 TONNES PER YEAR OF
RAW 
MATERIALS TO PRODUCE SAF, HVO, AND BIO-NAPHTHA


Further company coverage:  ENI.MI 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;; +48587720920; ;))