Alfa Laval Facilitates Refinery to Switch to Biofuels
Alfa Laval AB (publ)
Alfa Laval has made a deal with a subsidiary of CVR Energy, Inc., a U.S. company that makes renewable fuels and refines petroleum, to provide processing systems for the pre-treatment of feedstock. This is part of a strategic investment in the refinery that will help CVR grow its production of renewable biofuels.
Alfa Laval will provide pre-treatment systems that include separators, heat exchangers, pumps, and agitators to minimise pollutants in feedstocks before conversion into biofuel. The systems are designed to facilitate a more cost-effective supply of sustainable feedstocks.
Many refineries in the US and Europe are being transformed into biofuel plants as part of the continuing energy shift. According to the International Energy Agency (IEA), one of the key strategies to decarbonise the transportation industry is to replace fossil fuels with biofuels. In the "Net Zero Emissions by 2050 Scenario," biofuels will account for 64% of the sector's renewable energy consumption in 2030.
"Alfa Laval has extensive experience and expertise in both oil refining and biofuel processes," says Nish Patel, President of the Food & Water Division at Alfa Laval. "Together with our premium product range, we thereby become a reliable partner for our customers in this important transition towards a more sustainable energy supply. By changing and optimising the current processes, we can make a big difference as we work in parallel on tomorrow's solutions."
Source: MarketScreener
