Rossi Biofuel inaugurated a new plant in Hungary, significantly increasing biofuel production in the country and launching a technology in Europe that can boost greenhouse gas savings by more than 85%.
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Rossi, which is a joint venture of Hungarian multinational oil and gas company MOL Group and Envien Group, is one of the largest and most significant groups of companies in the CEE region active in the production of biofuels.
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With a capacity of 50,000 tonnes per year, the plant is the first in Europe to use the RepCat technology offered by Austrian firm BDI-BioEnergy International GmbH, which is highly flexible in terms of raw materials.
It allows the processing of greasy wastes of different types and origins, such as used cooking oils, trap grease, animal fats or residues from vegetable oil production.
Biodiesel produced in this way is one of the most climate-friendly fuels.
“We have brought a unique technology to Europe that allows us to produce biofuel from almost any type of fats. This is a huge success for all of us, as the circular economy is one of the cornerstones of MOL Group’s updated strategy," said Oszkár Világi, Deputy Chief Executive Officer of MOL Group.
"We have made a commitment to recycle waste in an efficient way and to meet the world’s growing energy needs with increasingly sustainable solutions.
The energy transition is a long and complex process, but this investment clearly shows that conventional fuels can be turned into more environmentally friendly with the right technology and by using waste."
With the construction of the plant, the MOL Group and Envien Group are aiming to respond to both consumer and regulatory demands: the aim is for Rossi Biofuel to comply with EU rules on renewable transportation fuels. Rossi Biofuel’s product is used as a bio-component in the production of diesel at Danube Refinery and Slovnaft refinery.
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“This new modern plant is the Envien Group’s first major investment in the production of advanced biofuels, where waste is processed into useful products," said Ing. Robert Spišák, PhD., Chairman of the Board of Rossi Biofuel.
Due to the Hungarian subsidies, we decided to locate the plant in our production base in Komárom, Hungary, and we are confident that this is not our last project of this kind," he added.
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