Brief: Navigator Company And P2x-Europe Announce JV In Portugal To Produce Green, Non-Fossil Synthetic Efuels And Scale-Up Power-To-Liquid Business

Navigator SA

22/07/2022 15:04

July 22 (Reuters) - Navigator Company SA  NVGR.LS :
    * NAVIGATOR COMPANY AND P2X-EUROPE ANNOUNCE A UNIQUE JOINT VENTURE IN PORTUGAL TO PRODUCE
GREEN,
NON-FOSSIL SYNTHETIC EFUELS AND SCALE-UP POWER-TO-LIQUID BUSINESS
    * JOINT VENTURE (JV) OPENS PERSPECTIVE FOR 80.000 TONS PER YEAR OF RENEWABLE POWER-TO-LIQUID
(PTL)
PRODUCTS
    * PROJECT AIMS TO START COMMERCIAL PRODUCTION IN 2026
    * STRATEGIC PARTNERSHIP ENABLES NAVIGATOR ADDING VALUE TO BIOGENIC CO 2  FROM ITS
SUSTAINABLE
FOREST AND PULP & PAPER PRODUCTION
JOINT VENTURE BY THE NAME OF P2X-PORTUGAL
    * FOR THE INTEGRATED PTL FACILITY ALONE THE PROJECT CAPEX CAN TOTAL €550-600  MILLION DURING
THE
FIRST TWO DEVELOPMENT PHASES

Source text for Eikon:  ID:nEQkfqqma 
Further company coverage:  NVGR.LS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))