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<br>LISBON, Dec 19 (Reuters) [- Portugal's](https://www.bloomberg.com/profile/company/MNELF:US) Galp Energia expects to [start producing](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [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 unit it is constructing at its [Sines refinery](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) in 2026, the company, which is mainly an oil manufacturer and refiner, said on Thursday.<br> |
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<br>In 2015 Galp participated in a 75%-25% joint endeavor with [Japan's](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production of 270,000 metric lots [annually](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br> |
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<br>It will change waste products, such as used cooking oils, into [eco-friendly](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and biojet fuel, also [referred](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to as [sustainable aviation](https://www.google.com/search?kgmid=/m/0cqd_rb) fuel (SAF), using [green hydrogen](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [produced](https://www.bloomberg.com/profile/company/MNELF:US) by an [electrolyser](https://forest500.org/rankings/companies/mission-newenergy-limited) powered by wind or solar energy.<br> |
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<br>Galp said in a [declaration](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) it received on Wednesday the 3 reactors to process biofuels, which will permit the [HVO unit](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to "produce SAF and [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) in 2026 ... placing Galp at the leading edge of establishing low-carbon solutions essential for the energy transition".<br> |
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<br>Galp is also [investing](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) 250 million euros in a 100 megawatt (MW) [electrolyser unit](https://www.google.com/search?kgmid=/m/0cqd_rb) to [produce](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [green hydrogen](https://www.google.com/search?kgmid=/m/0cqd_rb) to power the refinery in Sines. ($1 = 0.9637 euros) ([Reporting](https://pitchbook.com/profiles/company/51278-86) by Sergio Goncalves |
