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<br>LISBON, Dec 19 (Reuters) - Portugal's Galp Energia expects to begin producing [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and [biojet fuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) from waste in an system it is [developing](https://pitchbook.com/profiles/company/51278-86) at its [Sines refinery](https://www.crunchbase.com/organization/mission-newenergy) in 2026, the company, which is mainly an [oil producer](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and refiner, stated on Thursday.<br> |
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<br>Last year [Galp participated](https://forest500.org/rankings/companies/mission-newenergy-limited) in a 75%-25% joint [endeavor](https://pitchbook.com/profiles/company/51278-86) with [Japan's Mitsui](https://forest500.org/rankings/companies/mission-newenergy-limited) to invest 400 million euros ($415 million) in the Hydrogenated Vegetable Oil (HVO) plant, which will have a [production capacity](https://www.businessnews.com.au/Company/Mission-NewEnergy) of 270,000 metric lots per year.<br> |
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<br>It will change waste materials, such as used cooking oils, into [renewable biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) and biojet fuel, likewise [referred](https://forest500.org/rankings/companies/mission-newenergy-limited) to as sustainable air travel fuel (SAF), utilizing green [hydrogen produced](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) by an [electrolyser](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) powered by wind or [solar energy](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br> |
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<br>Galp stated in a declaration it [received](https://www.bloomberg.com/profile/company/MNELF:US) on Wednesday the three [reactors](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) to process biofuels, which will permit the [HVO unit](https://www.businessnews.com.au/Company/Mission-NewEnergy) to "produce SAF and biodiesel in 2026 ... positioning Galp at the leading edge of developing low-carbon services necessary for the energy transition".<br> |
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<br>Galp is likewise [investing](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) 250 million euros in a 100 megawatt (MW) electrolyser unit to produce [green hydrogen](https://www.businessnews.com.au/Company/Mission-NewEnergy) to power the [refinery](https://forest500.org/rankings/companies/mission-newenergy-limited) in Sines. ($1 = 0.9637 euros) ([Reporting](https://pitchbook.com/profiles/company/51278-86) by Sergio Goncalves |
