Ampol’s renewable diesel project gets funding boost
In Australia, Financial Review reported that Ampol’s renewable diesel project, which will blend waste and animal fats with traditional diesel, is moving ahead with a $17.8 million investment from the Queensland government.
Queensland Premier David Crisafulli said the funding was part of the state’s long-term plan to shore up fuel and avoid future supply chain shocks such as the one caused by the war in the Middle East, according to the report.
Ampol’s project will co-process conventional diesel with waste fats and oils, like tallow and canola feedstock, to produce a renewable fuel that can deliver lower CO2 emissions than traditional diesel and can be used in cars and trucks, it added.
Ampol says the refinery will initially be capable of producing 20 million liters of renewable diesel per year from 2028. Future development could allow it to produce up to 750 million liters of renewable diesel and sustainable aviation fuel by the early 2030s.
Category: Policy
