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<br>LISBON, Dec 19 (Reuters) [- Portugal's](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [Galp Energia](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [anticipates](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to begin [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and [biojet fuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) from waste in an industrial-scale system it is [constructing](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) at its [Sines refinery](https://www.bloomberg.com/profile/company/MNELF:US) in 2026, the business, which is primarily an oil [producer](https://www.zoominfo.com/c/mission-newenergy/346542889) and refiner, said on Thursday.<br> |
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<br>Last year Galp got in into a 75%-25% joint endeavor with Japan's Mitsui to invest 400 million euros ($415 million) in the [Hydrogenated Vegetable](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) Oil (HVO) plant, which will have a production capability of 270,000 [metric loads](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) each year.<br> |
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<br>It will transform waste products, such as utilized cooking oils, into [sustainable](https://forest500.org/rankings/companies/mission-newenergy-limited) [biodiesel](https://www.pinterest.com.au/missionnewenergy/) and biojet fuel, also referred to as sustainable air [travel fuel](https://pitchbook.com/profiles/company/51278-86) (SAF), utilizing [green hydrogen](https://www.crunchbase.com/organization/mission-newenergy) [produced](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) by an [electrolyser](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) powered by wind or [solar power](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br> |
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<br>Galp stated in a statement it received on Wednesday the three reactors to process biofuels, which will permit the HVO unit to "produce SAF and [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in 2026 ... positioning Galp at the forefront of developing low-carbon solutions necessary for the energy shift".<br> |
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<br>Galp is also investing 250 million euros in a 100 megawatt (MW) [electrolyser](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) system to produce green [hydrogen](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to power the refinery in Sines. ($1 = 0.9637 euros) ([Reporting](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) by Sergio Goncalves |
