Riograndense Refinery considers investing US$1 billion in SAF and HVO production.

The Riograndense Refinery is expected to decide in June on a US$1 billion investment to build a unit focused on the production of advanced biofuels, such as sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO). This information was released on Tuesday (19) by the company's Biorefining Director, Flávio de Souza, during an event held in São Paulo. According to the executive, construction of the new biorefinery would begin soon after the project's final approval. Currently, Riograndense operates a smaller oil refinery, but the proposal marks a strategic shift by the company towards the renewable fuels market. The expectation is that the production of advanced biofuels will begin in 2029, primarily focused on the external market, although part of the production should also be destined for domestic consumption. The project foresees a processing capacity of 800,000 tons per year of vegetable oils, residues, and animal fats. Depending on the operational configuration and market demand, the unit could produce up to 620,000 tons of SAF or 680,000 tons of HVO per year.

This text was translated by machine from Brazilian Portuguese.