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  • Strategy in action: MOL Group strats innovative biofuel production at Danube Refinery
    édité le 17/03/2021 - Plus de news de "MOL Group" - Voir la fiche entreprise de "MOL Group"


Strategy in action: MOL Group strats innovative biofuel production at Danube Refinery
Following several years of research and development MOL has stepped up the value chain and has become a biofuel producer, through the realization of an investment in the Danube Refinery. Bio feedstock will be co-processed together with fossil materials increasing the renewable share of fuels and reducing up to 200,000 tons /year CO2 emission without negatively affecting fuel quality.

“MOL Group has been a biofuel user by purchasing more than 500.000 tons of biofuels (bioethanol and biodiesel) for blending. With this investment, we have started to produce sustainable diesel for the first time within MOL Group and we became biofuel producers. The benefits are numerous, as we produce more sustainable fuel, we will also help the circular economy by recycling waste. In line with our recently updated strategy, “SHAPE TOMORROW” we are planning to produce 100.000+ tons of biofuel by 2030” – said Gabriel Szabó, Executive Vice President of MOL Group Downstream.

During co-processing at the Danube Refinery, bio-feedstock is processed together with the fossil material in the production of diesel fuel. Vegetable oils, used cooking oils and animal fats can also be used for this purpose. As a result, the produced gasoil is partly renewable, without any quality changes compared to diesel produced entirely from crude-oil. The main advantage of this innovative method is that the resultant biodiesel can be still blended with a maximum 7 percent of bio-feedstock based fuel, in line with diesel standards, allowing the bio-share of the gasoil to be higher.

One of the main goals of the European Union, and MOL Group, is to achieve net-zero CO2 emissions by 2050. The renewable share obligations of transportation fuel are continuously increasing, accordingly the biocomponent content expectations have also increased across MOL Group's fuel markets, which have so far been met mainly by blending bioethanol and biodiesel.

MOL started co-processing as an R&D project in 2012 based on the research results of Pannon University. Types and quality requirements of processable raw materials were determined and the investment was launched in 2018. This included the necessary infrastructure development for storing and processing the new bio-materials. The trial operation of the new process started in March 2020 and has been operating regularly since May.

The bio-component produced using this process has significantly higher CO2 saving potential than other type of biofuels produced from the same feedstock. This project means that up to 200,000 tons of annual CO2 emission will be cut, equivalent to a city of 200.000 inhabitants entirely switching to solar energy for heating. The target is to further expand the type of waste that can be used as feedstocks in the processing to achieve even better CO2 savings from the product.

One of the cornerstones of the MOL Group 2030+ Strategy is to play a key role in shaping the low-carbon circular economy with investments in new businesses such as waste integration and utilization, recycling, carbon capture, utilization and storage (CCUS), advanced biofuels and potentially hydrogen-related opportunities.

In the next five years, MOL will spend USD 1bn on new, low-carbon and sustainable projects to become a key player in CEE in the circular economy and to get closer to its net-zero CO2 emitter goal by 2050. MOL aims to transform its Downstream segment into a highly efficient, sustainable, chemicals-focused leading industry player.

About MOL Group

MOL Group is an integrated, international oil and gas company, headquartered in Budapest, Hungary. It is active in over 40 countries with a dynamic international workforce of 25,000 people and a track record of more than 100 years in the industry. MOL’s exploration and production activities are supported by more than 75 years’ experience in the hydrocarbon field. At the moment, there are production activities in 8 countries and exploration assets in 13 countries. MOL Group operates three refineries and two petrochemicals plants under integrated supply chain management in Hungary, Slovakia and Croatia, and owns a network of about 1900 service stations across 10 countries in Central & South Eastern Europe.


Origine : Communiqué MOL Group

Voir la fiche entreprise de "MOL Group"





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