Group signs biofuel agreement for more than 2.5 B liters with Shell
1/27/2021
ECB Group Paraguay and Shell Trading (US) Company (“Shell”) have signed a multi-year contract that will provide more than 500 million liters of renewable diesel and renewable jet fuel per year 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.