| Project Owner... |
Biojet AS
|
| Project name |
Liquid Biofuels Facility Follum
|
| Status |
planned
|
| Country |
Norway
|
| City |
Follum
|
| Type |
TRL 6-7 Demonstration
|
| Technology |
PVC1: Transport fuels via gasification
|
| Raw Material |
forest residues
|
| Output 1 |
sustainable aviation fuels SAF (0 t/y
)
|
| Partners |
US-headed ExxonMobil Corporation (ExxonMobil), one of the largest publicly traded international energy companies has revealed that it is acquiring a 49.9 percent stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions advanced biofuels and biofuel components.
|
| Technology Brief |
Founded in 2018, Biojet AS plans to develop up to five facilities to produce advanced biofuels and biofuel components from forest residues and wood waste. When produced, Biojet AS’s biofuels can be used for passenger vehicles and heavy trucks.
Additional opportunities for marine transportation and aviation may develop as the market for lower-emissions biofuels expands.
The company anticipates commercial production to begin in 2025 at the first manufacturing plant to be built in Follum, Norway. The agreement enables ExxonMobil to purchase as much as 3 million barrels of the products per year, based on the potential capacity of the five planned facilities.
|
|
https://biojet.no/
https://bioenergyinternational.com/biofuels-oils/exxonmobil-acquires-stake-in-biojet-as
|
Last Update: 2024-11-23 19:16:20