Global energy company bp has signed an agreement with Spanish agri-food group MIGASA for the supply of up to 40,000 tonnes/year of vegetable oil non-food industrial waste for a decade.
The feedstock would be used to produce hydrotreated vegetable oil (HVO) for road transport and sustainable aviation fuel (SAF) at bp’s Castellón refinery, as part of its transformation process into an integrated energy hub, the company said on 18 November.
“One of our goals is to contribute to the circular economy by seeking alliances such as this one with bp, which allow us to generate … raw materials for the energy industry from the waste generated by the different oils we treat,” MIGASA CEO Antonio J Gallego said.
In addition to providing raw materials to produce biofuels, the 10-year agreement – which could be extended – also had the potential to create opportunities to identify new uses for vegetable oil waste, bp said.
As non-food industrial waste would come from the vegetable oil refining industry supply chain, bp said the alliance with MIGASA would also help to strengthen the circular economy model of the Spanish agri-food sector, of which oils and fats was an important sub-sector.
