• Ron Kotrba

Essential Energy USA signs contract with NextChem to build HVO plant in South America


Through its subsidiary NextChem, Maire Tecnimont S.p.A. and Essential Energy USA Corp. have signed a front-end engineering design contract and memorandum of understanding for construction of a new hydrotreated vegetable oil (HVO) manufacturing facility in South America.


The plant is expected to produce 200,000 tons per year (approximately 65 MMgy) of renewable diesel from vegetable oils, recycled greases and tallow. NextChem will be the EPC contractor for the project, which is anticipated to be operating in 2023.


“Our business in the biofuels sector and in particular in the renewable diesel segment is gradually growing and South America is a very interesting area for us,” said Pierroberto Folgiero, CEO of Maire Tecnimont Group and NextChem. “Low carbon mandates in North America and Europe will drive strong demand and premium pricing. This, together with the availability of proven technologies and solid EPC capabilities, opens a path of market success for such investments. We are proud to be the partner of a sector-leader company such as Essential Energy USA Corp.”

0 comments
Frazier, Barnes & Associates LLC
Global Talent Solutions
GZX by GZ Energy LLC
Render magazine
Springboard Biodiesel
PQ Corporation
Advanced Biofuels USA
RonKo Media Productions LLC
Advertise today on biobased-diesel.com
RonKo Media Productions LLC
HERO BX
WWS Trading

Subscribe to Our Free

E-Newsletter Sent Every Tuesday:

 

Biobased Diesel Weekly

 

And Our Free Print Journal* 

Coming in 2021:

Biobased Diesel Biannual 

 

*Print journal available only in the U.S. until further notice. 

  • Facebook
  • LinkedIn

© 2021 RonKo Media Productions LLC. All rights reserved.