This feedstock will be used as raw material for the production of renewable diesel (HVO – Hydrotreated Vegetable Oil), which will be processed in a new HVO/SAF (Sustainable Aviation Fuel) plant at the Petrobrazi refinery, for which the company made the final investment decision in June 2024.
The contract was concluded for a period of six years, with the possibility of extension for two more years, with deliveries to begin in 2028. The maximum total quantity of the contract is over 0.7 million tons, with an estimated value of over EUR750 million, depending on the ordered quantity. Pricing is based on a formula that is indexed to an international quotation.
Expur S.A. is a Romanian company part of Avril Group, one of the largest producers of vegetable oil and biodiesel in Europe.
(English version by Loredana Fratila-Cristescu)