In Luxembourg, the European Investment Bank reported that it has signed a $578 million 15-year finance contract with Italian energy firm Eni to support the conversion of Eni’s Livorno refinery in Tuscany into a biorefinery.
Eni’s project involves the construction of new plants to produce hydrogenated biofuels at the Livorno refinery site, including a biogenic pre-treatment unit and a 500 000-tonne/year Ecofining plant, the bank said.
The Livorno biorefinery will be able to treat different types of biogenic charges, mainly waste and residues of plant origin, to produce HVO diesel, HVO naphtha and bio-LPG.
Among the distinctive features of the project, there is the possibility in the future of modifying the layout of the plant to have the flexibility to also produce sustainable aviation fuel (SAF), EIB added.
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