New order for Alfa Laval to unlock potential of biofuels in aviation

PR Newswire11-13

LUND, Sweden, Nov. 13, 2024 /PRNewswire/ -- Driving the global energy transition towards biofuels, Alfa Laval has secured two contracts worth 350 million SEK to supply cutting-edge HVO pre-treatment ...

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}","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2483027859","pubTimestamp":1731486900,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"LUND, Sweden, Nov. 13, 2024 /PRNewswire/ -- Driving the global energy transition towardsbiofuels, Alfa Laval has secured two contracts worth 350 millionSEK to supply cutting-edge HVO pre-treatment technology to Europe's largest biofuel facility. The facility, a joint venture between Cepsa Bioenergia San Roque S.L. , and Bio-Oils Energy, part of the Apical Group, will produce 500,000 tonnes of sustainable aviation fuel  and renewable diesel annually, addressing the growing demand for cleaner, renewable energy sources.Biofuels are crucial in the decarbonization of our societies, providing a low-carbon solution for existing technologies. In the transportation sector, they play a significant role in the shift towards net-zero emissions. However, the current demand for biofuels far exceeds the available supply, highlighting the need for increased production and innovation to meet this growing need.We pioneer technologies and solutions that free our customers to unlock the true potential of ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4161":"工业机械","CSBR":"Champions Oncology, Inc.","ALFVF":"Alfa-Laval AB","ALFVY":"Alfa-Laval AB","BK4121":"生命科学工具和服务"},"translate_title":"阿法拉伐新订单释放生物燃料在航空领域的潜力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CSBR":1,"ALFVF":0.9,"ALFVY":0.9},"content_text":"LUND, Sweden, Nov. 13, 2024 /PRNewswire/ -- Driving the global energy transition towards biofuels, Alfa Laval has secured two contracts worth 350 million SEK to supply cutting-edge HVO pre-treatment technology to Europe's largest biofuel facility. The facility, a joint venture between Cepsa Bioenergia San Roque S.L. (CSBR), and Bio-Oils Energy, part of the Apical Group, will produce 500,000 tonnes of sustainable aviation fuel (SAF) and renewable diesel annually, addressing the growing demand for cleaner, renewable energy sources.\nBiofuels are crucial in the decarbonization of our societies, providing a low-carbon solution for existing technologies. In the transportation sector, they play a significant role in the shift towards net-zero emissions. However, the current demand for biofuels far exceeds the available supply, highlighting the need for increased production and innovation to meet this growing need.\n\"The biggest challenge in the biofuel industry is to triple the capacity by 2030. The volume increase is essential, and we are excited for Alfa Laval to play an important role in this transition,\" says Sammy Hulpiau, President, Food & Water Division. \"The trust placed in us by CBSR ensures that Alfa Laval significantly contributes to the necessary increase of biofuels in aviation, and the transformation of the entire industry.\"\nAlfa Laval's Food & Water Division will supply two different pre-treatment units to CBSR's 1.2-billion-euro project. The construction of the plant is an important step on the journey towards decarbonizing the global transportation sector and will double CBSR's total renewable fuels production capacity to one million tonnes a year. The plant is designed to emit 75 percent less CO2 than a traditional biofuel plant.\nThe facility, planned to be up and running during 2026, is currently under construction in Huelva, Spain.\nDid you know… that road travel, flights, and shipping account for nearly a quarter of the world's greenhouse gas emissions? Biofuels offer a promising solution to keeping transportation efficient while reducing emissions.\nCONTACTSJohan LundinHead of Investor Relations, Alfa LavalMobile: +46 730 46 30 90johan.lundin@alfalaval.comAnna DrobenHead of External Communications, Alfa LavalMobile: +46 730899621anna.droben@alfalaval.com\nThis is Alfa Laval   \nThe ability to make the most of what we have is more important than ever. Together with our customers, we're innovating the industries that society depends on and creating lasting positive impact. Alfa Laval is a leading global provider of first-rate products in the areas of heat transfer, separation and fluid handling. We're set on helping billions of people to get the energy, food, and clean water they need.  And, at the same time, we're decarbonizing the marine fleet that's the backbone of global trade.\nWe pioneer technologies and solutions that  free our customers to unlock the true potential of resources. As our customers' businesses grow stronger, the goal of a truly sustainable world edges closer. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets. Together, we're pioneering positive impact.\nAlfa Laval was founded 140 years ago, has customers in some 100 countries, employs more than 22,000 people, and annual sales were SEK 63.6 billion (5.5 BEUR) in 2023. The company is listed on Nasdaq Stockholm. \nwww.alfalaval.com\nThis information was brought to you by Cision http://news.cision.com.\nhttps://news.cision.com/alfa-laval/r/new-order-for-alfa-laval-to-unlock-potential-of-biofuels-in-aviation,c4065660\nThe following files are available for download:\n\n\n\n\nhttps://mb.cision.com/Public/905/4065660/ac1f7576cdec81f2.pdf \nNew order for Alfa Laval to unlock potential of biofuels in aviation Alfa Laval press release 20241113 \n\n\nhttps://news.cision.com/alfa-laval/i/alfa-laval-biofuel-order-cepsa-2024-airplane-fuel,c3351404 \nAlfa Laval Biofuel order Cepsa 2024 Airplane fuel \n\n\n\n\n View original content:https://www.prnewswire.com/news-releases/new-order-for-alfa-laval-to-unlock-potential-of-biofuels-in-aviation-302303881.html\nSOURCE Alfa Laval","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483027859"}