PETRONAS, Enilive, and Euglena Finalize Investment for Biorefinery to Boost Sustainable Biofuel Production in Malaysia

PETRONAS, Enilive, and Euglena Finalize Investment for Biorefinery to Boost Sustainable Biofuel Production in Malaysia

(IN BRIEF) PETRONAS, Enilive, and Euglena have made a final investment decision to develop a biorefinery at PETRONAS’ Pengerang Integrated Complex in Johor, Malaysia. Set to be operational by the second half of 2028, the biorefinery will produce Sustainable Aviation Fuel (SAF) and other biofuels. The facility will process about 650,000 tonnes of raw materials annually, leveraging advanced Ecofining™ technology. This project aims to support global aviation and transportation industries in reducing carbon footprints and meeting biofuel demand.

(PRESS RELEASE) ROME, 26-Jul-2024 — /EuropaWire/ — Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a subsidiary of Eni S.p.A.), and Euglena Co., Ltd. have finalized their investment decision to develop a biorefinery at PETRONAS’ Pengerang Integrated Complex (PIC) in Johor, Malaysia. The joint venture, with PETRONAS Mobility Lestari Sdn Bhd (PMLSB) and Enilive as primary shareholders, aims to begin operations by the second half of 2028.

The biorefinery will produce Sustainable Aviation Fuel (SAF) and other biofuels like Renewable Diesel/Hydrogenated Vegetable Oil (HVO) to meet the increasing demands of global aviation and transportation sectors. Construction is set to commence in Q4 of this year, and the facility will process approximately 650,000 tonnes of raw materials annually, including used vegetable oils, animal fats, and other biomass sources.

Strategically positioned to leverage PETRONAS’ integrated facilities, the biorefinery will benefit from proximity to feedstock supply and access to international shipping routes. The facility will feature advanced Ecofining™ technology, developed by Eni and Honeywell UOP, allowing flexibility in processing various feedstocks and maximizing SAF production.

Ahmad Adly Alias, Vice President of Refining, Trading, and Marketing at PETRONAS, emphasized that this project enhances their role in the biofuels value chain and supports their Net Zero Carbon Emissions 2050 aspiration. Stefano Ballista, CEO of Enilive, highlighted the project’s alignment with their 2030 biorefining targets and global expansion. Mitsuru Izumo, Founder and President of Euglena, expressed the project’s significance in achieving a carbon-neutral society and expanding their microalgae research.

This biorefinery project marks a significant step in creating a sustainable bio-based ecosystem, promising a cleaner future for the ASEAN region and beyond.

About PETRONAS
PETRONAS is a dynamic global energy group with presence in over 100 countries. The Group produces and delivers energy and solutions that power society’s progress in a responsible and sustainable manner.

PETRONAS seeks energy potential across the globe, optimising value through its integrated business model. Its Group portfolio includes cleaner conventional and renewable resources and a ready range of advanced products and adaptive solutions.

Sustainability is at the core of what the Group does, as it harnesses the good in energy to elevate and enrich lives. People are its strength and partners for growth, driving passion for innovation to progress towards the future of energy sustainability. Further details can be found at www.petronas.com.my

About Enilive
Enilive, the Eni’s company dedicated to mobility products and services, is a world leader in the production of HVO biofuels from renewable raw materials (pursuant to the Renewable Energy Directive) at its biorefineries in Venice and Gela (Italy) and in the SBR biorefinery in the USA.

The biorefinery in Venice has been the first example in the world of the conversion of an oil refinery into a biorefinery for the production of hydrotreated biofuels from biogenic feedstocks. The conversion of the Venice (2014) and Gela (2019) plants into biorefineries has been enabled by Ecofining™ technology, developed by Eni in cooperation with Honeywell-UOP, that is used to transform raw materials of biological origin into biofuels.

Enilive plans to increase its biorefining capacity by more than 5 million tonnes/year by 2030, with more than 1 MTPA SAF optionality by 2026, and the potential to double by 2030. Further development projects are in the pipeline: in in Livorno (Italy), another Eni refinery is being transformed, and in South Korea where a new project is being assessed.

Enilive has a network of over 5,000 service stations across Europe, of which around 4,000 are located in Italy. The network caters to more than 1.5 million people in Europe, who rely Enilive Stations every day for refuelling, thanks to a wide range of services and products such as HVOlution diesel biofuel, bio-LPG, biomethane and electric charging.

Enilive service stations also offer a wide range of services to people on the move.

Further details can be found at www.enilive.i

About Euglena
Euglena Co., Ltd. is a Japan-based biotechnology-driven and sustainability-oriented growth company, starting from the world’s first success in outdoor mass cultivation of the edible microalgae Euglena in 2005.

With “Sustainability First” as its corporate philosophy and its advanced R&D capabilities for proposing sustainable solutions to social problems, the Company has operated the Healthcare Business for marketing functional foods/cosmetics to over 700,000 online customers in Japan, the Biofuel Business for producing biofuels, and the Other Business in such areas as fertilizer, bioinformatics, farming, social business, etc.

The Company with support from its customers and business partners in Japan has been delivering daily 10,000 sets of Euglena biscuits containing 59 kinds of nutrition to those Bangladesh children in great poverty in order to solve their malnutrition problem under “Genki Program”, which Euglena recently celebrated 10th Anniversary in Bangladesh and Japan. The Company went public in 2012 and is currently listed on the Prime Market of the Tokyo Stock Exchange.

Further details can be found at www.euglena.co.jp/en/

Media Contacts:

Eni :
Press Office: Tel. +39.0252031875 – +39.0659822030
Freephone for shareholders (from Italy): 800940924
Freephone for shareholders (from abroad):+ 80011223456
Switchboard: +39.0659821
ufficio.stampa@eni.com
segreteriasocietaria.azionisti@eni.com
investor.relations@eni.com
Website: www.eni.com

PETRONAS:
Tunku Putri Nur Asma
tunkuputrinurasma.t@petronas.com.my

Euglena:
Public Relations & Promotions Department
Euglena Co., Ltd.
press@euglena.jp

SOURCE: ENI