New order for Alfa Laval to unlock potential of biofuels in aviation [Yahoo! Finance]
ALFA-LAVAL AB UNSP/ADR (ALFVY)
NASDAQ:AMEX Investor Relations:
alfalaval.com/investors
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Source: Yahoo! Finance
million SEK to supply cutting-edge HVO pre-treatment technology to Europe's largest biofuel facility. The facility, a joint venture between Cepsa Bioenergia San Roque S.L. (CSBR), and Bio-Oils Energy, part of the Apical Group, will produce 500,000 tonnes of sustainable aviation fuel (SAF) and renewable diesel annually, addressing the growing demand for cleaner, renewable energy sources. Biofuels are crucial in the decarbonization of our societies, providing a low-carbon solution for existing technologies. In the transportation sector, they play a significant role in the shift towards net-zero emissions. However, the current demand for biofuels far exceeds the available supply, highlighting the need for increased production and innovation to meet this growing need. "The biggest challenge in the biofuel industry is to triple the capacity by 2030. The volume increase is essential, and we are excited for Alfa Laval to play an important role in this transition," says Sammy Hulpiau , Pr
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News
- Alfa Laval strengthens objectives at the Capital Markets Day 2024 [Yahoo! Finance]Yahoo! Finance
- Alfa Laval strengthens objectives at the Capital Markets Day 2024PR Newswire
- Alfa Laval continues to invest in growth and accelerates towards net zero [Yahoo! Finance]Yahoo! Finance
- Alfa Laval continues to invest in growth and accelerates towards net zeroPR Newswire
- New order for Alfa Laval to unlock potential of biofuels in aviationPR Newswire