BTG will establish a new high-tech technology company that can convert crude pyrolysis oil into diesel fuel suitable for the shipping sector. It will be the first refinery in the world for an advanced marine biofuel based on pyrolysis oil.
The new facility will be operated by a new company named BTG-neXt. At first, BTG-neXt will give emphasis on building a pilot refinery for converting pyrolysis oil into 100% sustainable marine biodiesel for ships, showcasing that continuous production is feasible.
The new demonstration facility has a planned production capacity of a about 1,000 tons of advanced marine fuel per year, with plans to expand in order to support the industry in complying with IMO 2020 regulation.
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What is more, GoodFuels also sees sufficient potential in BTG’s plans to explore the possibility of a collective investment in the demonstration plant. In fact, CEO of GoodFuels, Dirk Kronemijer, stated that:
Over the last five years, GoodFuels has laid out a clear pathway for the use of biofuels in the shipping sector. Together with partners such as Boskalis Loodswezen, Port of Rotterdam, Norden, Jan de Nul and its portfolio of GoodShipping A-Brand clients we have shown that these fuels will play an essential role in making shipping more sustainable
The ports of Rotterdam and Eemshaven are the locations being considered for the first commercial processing plant.