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<br>LISBON, Dec 19 (Reuters) - Portugal's Galp Energia anticipates to start producing [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and [biojet fuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) from waste in an [industrial-scale](https://pitchbook.com/profiles/company/51278-86) system it is [developing](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) at its [Sines refinery](https://stocktwits.com/symbol/MNEL) in 2026, the company, which is mostly an [oil producer](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) and refiner, stated on Thursday.<br> |
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<br>In 2015 Galp entered into a 75%-25% joint venture with [Japan's Mitsui](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to invest 400 million euros ($415 million) in the [Hydrogenated Vegetable](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Oil (HVO) plant, which will have a [production capacity](https://www.bloomberg.com/profile/company/MNELF:US) of 270,000 metric heaps per year.<br> |
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<br>It will change waste materials, such as oils, into [eco-friendly](https://www.zoominfo.com/c/mission-newenergy/346542889) [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and biojet fuel, likewise called sustainable aviation fuel (SAF), [utilizing green](https://stocktwits.com/symbol/MNEL) [hydrogen produced](https://www.crunchbase.com/organization/mission-newenergy) by an electrolyser powered by wind or solar power.<br> |
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<br>Galp stated in a statement it received on Wednesday the three [reactors](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to [process](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) biofuels, which will permit the HVO unit to "produce SAF and [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) in 2026 ... putting Galp at the forefront of developing low-carbon services necessary for the energy shift".<br> |
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<br>Galp is likewise investing 250 million euros in a 100 megawatt (MW) [electrolyser unit](https://www.zoominfo.com/c/mission-newenergy/346542889) to [produce green](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [hydrogen](https://forest500.org/rankings/companies/mission-newenergy-limited) to power the [refinery](https://www.crunchbase.com/organization/mission-newenergy) in Sines. ($1 = 0.9637 euros) ([Reporting](https://www.crunchbase.com/organization/mission-newenergy) by Sergio Goncalves |
