ECB Group signs major biofuel purchase and sale agreement with Shell
By Mary Page Bailey |
January 26, 2021
ECB Group Paraguay and Shell Trading (US) Co. have signed a multi-year contract that will provide more than 500 million liters/yr of renewable diesel and renewable jet fuel to Shell, one of the world’s largest energy companies. The contract is expected to run from 2024.
The renewable diesel HVO (Hydrotreated Vegetable Oil) and renewable jet fuel (Synthetic Paraffinic Kerosene/SPK), also known as Sustainable Aviation Fuel (SAF), will be produced at ECB’s to-be-built Omega Green biorefinery in Paraguay, with a total production capacity of 20,000 barrels per day of HVO, SPK/SAF and green naphtha.