In Azerbaijan, Trend reported that construction works for the Baltic States’ first renewable fuel production plant producing hydrotreated vegetable oil (HVO) and sustainable aviation fuel started on July 28 in the port of Riga, in Latvia.
The project is developed in cooperation with investors from Ukraine and Riga port company SIA PARS TERMINĀLS, and it is included in the list of priority investment projects by the Latvian Investment and Development Agency (LIAA). Currently, the new plant’s construction plan is under approval by the Riga city municipality’s Urban Development Department. Construction will start immediately after approval, according to the report.
The planned factory capacity is about 236,000 tons of base raw material per year, from which 93,000 tons of HVO and 87,000 tons of SAF are expected to be produced. It is estimated that the plant in Riga port will be able to supply 100% of the SAF needed for the Baltic market. Seventy percent of the produced SAF will be exported, the report added.
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