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<br>LISBON, Dec 19 (Reuters) [- Portugal's](https://www.pinterest.com.au/missionnewenergy/) [Galp Energia](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [expects](https://www.google.com/search?kgmid=/m/0cqd_rb) to begin [producing](https://www.businessnews.com.au/Company/Mission-NewEnergy) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and biojet fuel from waste in an [industrial-scale](https://pitchbook.com/profiles/company/51278-86) system it is developing at its Sines refinery in 2026, the company, which is mostly an [oil producer](https://www.crunchbase.com/organization/mission-newenergy) and refiner, stated on Thursday.<br> |
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<br>In 2015 Galp participated in a 75%-25% joint venture with Japan's Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production capability of 270,000 metric tons [annually](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br> |
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<br>It will change waste materials, such as used [cooking](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) oils, into eco-friendly [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and biojet fuel, likewise [understood](https://pitchbook.com/profiles/company/51278-86) as sustainable air travel fuel (SAF), utilizing green hydrogen produced by an [electrolyser](https://www.bloomberg.com/profile/company/MNELF:US) powered by wind or solar power.<br> |
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<br>Galp stated in a declaration it [received](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) on Wednesday the three [reactors](https://www.google.com/search?kgmid=/m/0cqd_rb) to [process](https://www.businessnews.com.au/Company/Mission-NewEnergy) biofuels, which will enable the [HVO unit](https://www.zoominfo.com/c/mission-newenergy/346542889) to "produce SAF and [biodiesel](https://www.pinterest.com.au/missionnewenergy/) in 2026 ... placing Galp at the forefront of establishing low-carbon solutions necessary for the energy shift".<br> |
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<br>Galp is likewise [investing](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 250 million euros in a 100 [megawatt](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) (MW) electrolyser unit to produce [green hydrogen](https://www.businessnews.com.au/Company/Mission-NewEnergy) to power the in Sines. ($1 = 0.9637 euros) ([Reporting](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) by Sergio Goncalves |
