In Korea, the Korea Times reported that HD Hyundai Oilbank’s biofuel business is achieving important milestones to meet increasingly complex market demands.
The refiner said it completed Korea’s first biodiesel plant utilizing supercritical fluid technology in April, with commercial operations now underway. The facility aims to produce 130,000 tons of biodiesel annually, according to the report.
The company blends biodiesel into diesel fuel products for the domestic market to comply with Korea’s renewable fuel blending obligations. This year’s regulation obliges a 4% blend, up 0.5 percentage points from a year earlier.
HD Hyundai Oilbank said it is also reviewing plans to build a dedicated SAF production facility using hydrogenated vegetable oil in 2027.
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Tags: HD Hyundai Oilbank, Korea, SAF
Category: Fuels