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<br>LISBON, Dec 19 (Reuters) [- Portugal's](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Galp Energia expects to [start producing](https://pitchbook.com/profiles/company/51278-86) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and biojet fuel from waste in an [industrial-scale](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) system it is developing at its Sines refinery in 2026, the company, which is primarily an oil producer and refiner, stated on Thursday.<br> |
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<br>Last year Galp got in into a 75%-25% [joint venture](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) with [Japan's](https://forest500.org/rankings/companies/mission-newenergy-limited) Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Vegetable Oil (HVO) plant, which will have a [production capacity](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of 270,000 metric loads [annually](https://www.google.com/search?kgmid=/m/0cqd_rb).<br> |
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<br>It will [transform](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) waste products, such as used [cooking](https://pitchbook.com/profiles/company/51278-86) oils, into [eco-friendly](https://forest500.org/rankings/companies/mission-newenergy-limited) [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and biojet fuel, likewise referred to as [sustainable aviation](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) fuel (SAF), using green hydrogen produced by an powered by wind or [solar energy](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br> |
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<br>Galp stated in a declaration it got on Wednesday the 3 reactors to process biofuels, which will permit the [HVO unit](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to "produce SAF and [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) in 2026 ... placing Galp at the leading edge of developing low-carbon options important for the energy shift".<br> |
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<br>Galp is also [investing](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 250 million euros in a 100 [megawatt](https://stocktwits.com/symbol/MNEL) (MW) [electrolyser unit](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to [produce green](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [hydrogen](https://stocktwits.com/symbol/MNEL) to power the refinery in Sines. ($1 = 0.9637 euros) (Reporting by Sergio Goncalves |
