MOSCOW (MRC) -- Topsoe, a global leader in carbon emission reduction technologies, has been appointed by SGP BioEnergy to support the production of renewable fuels in South America’s largest upcoming renewable fuels plant, located in Panama, said Hydrocarbonprocessing.
Topsoe will provide its innovative HydroFlex technology to produce SAF and RD, while also deploying its H2bridge technology to ensure the plant has a net-zero greenhouse gas footprint, recycling green hydrogen generated by waste carbon and production by-product back into the plant’s operations.
Henrik Rasmussen, Managing Director, The Americas, Topsoe, said: “This is truly an amazing project, and we are proud to work with SGP BioEnergy to bring it to life. We are excited to support the production of low-carbon fuels with our proven technologies for what will be the largest renewable fuels plant in South America, while also facilitating the net-zero operations of the biorefinery. It is a true model for a low-carbon energy future."
Construction is on schedule for first production by 2025. The biorefinery will have a producing capacity of 180,000 barrels per day (2.6 B gallons per year) of biofuel and 405,000 metric tons of green hydrogen annually once fully operational. Panama offers great potential as a platform to transport the sustainable fuels globally.
Randy Delbert Letang, CEO of SGP BioEnergy, said: “This facility is truly a model of the future of the energy transition. We will not only produce the fuel that will decarbonize transportation but do so in a way that is also decarbonizing the manufacturing process itself. It is the first time both advanced biofuels and green hydrogen will be produced together at this scale, and we are excited to be bringing this innovation to Panama."
We remind, Topsoe, a global leader in carbon emission reduction technologies, today announces its commitment to reach net zero emissions by 2040, setting near-and long-term company-wide emission reduction targets. The target commitments have been sent to SBTi for validation. Through investment in renewable energy technology and changes to production processes, Topsoe aims to reduce operational emissions by 30% in 2024 and at least 95% in 2030, with a transition to 80% renewable power within all the Company’s operations by 2025.