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<br>LISBON, Dec 19 (Reuters) [- Portugal's](https://www.crunchbase.com/organization/mission-newenergy) [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.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to start producing biodiesel and biojet fuel from waste in an [industrial-scale unit](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) it is developing at its [Sines refinery](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) in 2026, the company, which is mainly an [oil producer](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and refiner, said on Thursday.<br>
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<br>In 2015 Galp entered into a 75%-25% joint endeavor with [Japan's](https://pitchbook.com/profiles/company/51278-86) Mitsui to invest 400 million euros ($415 million) in the [Hydrogenated Grease](https://www.businessnews.com.au/Company/Mission-NewEnergy) (HVO) plant, which will have a [production capacity](https://www.crunchbase.com/organization/mission-newenergy) of 270,000 metric lots per year.<br>
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<br>It will transform waste products, such as used oils, into sustainable [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) and biojet fuel, also called [sustainable aviation](https://forest500.org/rankings/companies/mission-newenergy-limited) fuel (SAF), using [green hydrogen](https://www.zoominfo.com/c/mission-newenergy/346542889) [produced](https://www.pinterest.com.au/missionnewenergy/) by an electrolyser powered by wind or [solar energy](https://www.bloomberg.com/profile/company/MNELF:US).<br>
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<br>[Galp stated](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) in a statement it received on Wednesday the three reactors to [process](https://forest500.org/rankings/companies/mission-newenergy-limited) biofuels, which will permit the HVO system to "produce SAF and [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in 2026 ... putting Galp at the leading edge of developing low-carbon options important for the energy transition".<br>
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<br>Galp is also investing 250 million euros in a 100 megawatt (MW) electrolyser unit to [produce green](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [hydrogen](https://www.crunchbase.com/organization/mission-newenergy) to power the [refinery](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) in Sines. ($1 = 0.9637 euros) ([Reporting](https://www.bloomberg.com/profile/company/MNELF:US) by Sergio Goncalves |
