Eni to Convert Part of Italian Refinery Into Biorefinery in Biofuels Push

MT Newswires Live02-25 23:39

Eni (E) said Wednesday it has reached a final investment decision to convert units at its Sannazzaro de' Burgondi refinery in northern Italy into a biorefinery, expanding its biofuels capacity alongside the planned Priolo project.

The company said both projects mark a significant step in strengthening the operations of Enilive, its sustainable mobility business, and are scheduled for completion by 2028. The biorefineries are expected to offer flexibility in producing hydrotreated vegetable oil diesel and sustainable aviation fuel, also known as SAF-biojet.

The Priolo biorefinery, where preparatory work is underway ahead of procurement and construction contract awards, will have a capacity of 500,000 metric tons per year and will be able to adjust production between HVO diesel and SAF-biojet based on market demand, Eni said.

Eni said it plans to increase total biorefining capacity from 1.65 million tonnes per year to more than 3 million by 2028 and over 5 million by 2030, including potential production of up to 2 million tonnes of SAF annually by 2030.

Price: 44.37, Change: -0.10, Percent Change: -0.22

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2614996039?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-25 23:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614996039","market":"nz","top_or_hot":-1,"title":"Eni to Convert Part of Italian Refinery Into Biorefinery in Biofuels Push","media":"MT Newswires Live","content":"<html><body><p> Eni (E) said Wednesday it has reached a final investment decision to convert units at its Sannazzaro de' Burgondi refinery in northern Italy into a biorefinery, expanding its biofuels capacity alongside the planned Priolo project.</p><p>The company said both projects mark a significant step in strengthening the operations of Enilive, its sustainable mobility business, and are scheduled for completion by 2028. The biorefineries are expected to offer flexibility in producing hydrotreated vegetable oil diesel and sustainable aviation fuel, also known as SAF-biojet.</p><p>The Priolo biorefinery, where preparatory work is underway ahead of procurement and construction contract awards, will have a capacity of 500,000 metric tons per year and will be able to adjust production between HVO diesel and SAF-biojet based on market demand, Eni said.</p><p>Eni said it plans to increase total biorefining capacity from 1.65 million tonnes per year to more than 3 million by 2028 and over 5 million by 2030, including potential production of up to 2 million tonnes of SAF annually by 2030.</p><p>Price: 44.37, Change: -0.10, Percent Change: -0.22</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Eni to Convert Part of Italian Refinery Into Biorefinery in Biofuels Push</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEni to Convert Part of Italian Refinery Into Biorefinery in Biofuels Push\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-02-25 23:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Eni (E) said Wednesday it has reached a final investment decision to convert units at its Sannazzaro de' Burgondi refinery in northern Italy into a biorefinery, expanding its biofuels capacity alongside the planned Priolo project.</p><p>The company said both projects mark a significant step in strengthening the operations of Enilive, its sustainable mobility business, and are scheduled for completion by 2028. The biorefineries are expected to offer flexibility in producing hydrotreated vegetable oil diesel and sustainable aviation fuel, also known as SAF-biojet.</p><p>The Priolo biorefinery, where preparatory work is underway ahead of procurement and construction contract awards, will have a capacity of 500,000 metric tons per year and will be able to adjust production between HVO diesel and SAF-biojet based on market demand, Eni said.</p><p>Eni said it plans to increase total biorefining capacity from 1.65 million tonnes per year to more than 3 million by 2028 and over 5 million by 2030, including potential production of up to 2 million tonnes of SAF annually by 2030.</p><p>Price: 44.37, Change: -0.10, Percent Change: -0.22</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"E","symbol_name":"埃尼石油","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2614996039","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614996039","pubTimestamp":1772033975,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Eni  said Wednesday it has reached a final investment decision to convert units at its Sannazzaro de' Burgondi refinery in northern Italy into a biorefinery, expanding its biofuels capacity alongside the planned Priolo project.The company said both projects mark a significant step in strengthening the operations of Enilive, its sustainable mobility business, and are scheduled for completion by 2028. The biorefineries are expected to offer flexibility in producing hydrotreated vegetable oil diesel and sustainable aviation fuel, also known as SAF-biojet.The Priolo biorefinery, where preparatory work is underway ahead of procurement and construction contract awards, will have a capacity of 500,000 metric tons per year and will be able to adjust production between HVO diesel and SAF-biojet based on market demand, Eni said.Eni said it plans to increase total biorefining capacity from 1.65 million tonnes per year to more than 3 million by 2028 and over 5 million by 2030, including potential ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"E":"埃尼石油","BK4201":"综合性石油与天然气企业"},"translate_title":"埃尼将把意大利炼油厂的一部分改造成生物炼油厂以推动生物燃料","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"E":1},"content_text":"Eni (E) said Wednesday it has reached a final investment decision to convert units at its Sannazzaro de' Burgondi refinery in northern Italy into a biorefinery, expanding its biofuels capacity alongside the planned Priolo project.The company said both projects mark a significant step in strengthening the operations of Enilive, its sustainable mobility business, and are scheduled for completion by 2028. The biorefineries are expected to offer flexibility in producing hydrotreated vegetable oil diesel and sustainable aviation fuel, also known as SAF-biojet.The Priolo biorefinery, where preparatory work is underway ahead of procurement and construction contract awards, will have a capacity of 500,000 metric tons per year and will be able to adjust production between HVO diesel and SAF-biojet based on market demand, Eni said.Eni said it plans to increase total biorefining capacity from 1.65 million tonnes per year to more than 3 million by 2028 and over 5 million by 2030, including potential production of up to 2 million tonnes of SAF annually by 2030.Price: 44.37, Change: -0.10, Percent Change: -0.22","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"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,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","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/2614996039","isCrawlerRequest":true}