Tag: Paraguay

Omega Green already signed offtake contracts for 90% of production

Omega Green already signed offtake contracts for 90% of production

April 12, 2022 |

In Paraguay, the Omega Green plant will start only production in 2024 but already has offtake contracts with Shell and British Petroleum accounting for 90% of its production. The investment for the plant in Villeta will be $1 billion. The facility, the first renewable diesel project in the country, will also manufacture Sustainable Aviation Fuel […]

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ECB’s $800M biofuel plant seen fully online by H2 2024

ECB’s $800M biofuel plant seen fully online by H2 2024

May 18, 2021 |

In Paraguay, Investing.com reports the “Omega Green” biofuel plant, owned by the company ECB Group Paraguay, will operate at full capacity in the second half of 2024. The project promoters recently met with the Ministry of Industry and Commerce to discuss the sustainability requirements of the used cooking oil that will be used as feedstock […]

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ECB Group to use UOP Ecofining process at Paraguay megaproject

ECB Group to use UOP Ecofining process at Paraguay megaproject

April 5, 2021 |

In Paraguay, Honeywell announced that Brazil-based ECB Group will use the UOP Ecofining process to convert vegetable oils and inedible animal fats into renewable diesel and jet fuel at the Omega Green production facility in Villeta, near Asuncion, Paraguay. This marks the first advanced biofuels project in Paraguay, as well as the largest private investment […]

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Investancia signs 30-year offtake deal with ECB for pongamia oil

Investancia signs 30-year offtake deal with ECB for pongamia oil

February 23, 2021 |

In Paraguay, Investancia signed a 30-year offtake deal with ECB Group that will see 300,000 tonnes of ‘reforestation oil’ from pongamia oil produced annually by 2030. The deal represents a significant step forward in the global green transport transition.  The Investancia tree propagation and R&D center, located near Carmelo Peralta, Alto Paraguay, is the world’s […]

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Paraguay approves free zone for ECB Group’s Omega Green project

Paraguay approves free zone for ECB Group’s Omega Green project

February 5, 2020 |

In Paraguay, Biofuels International reports that the Paraguayan government has approved a free zone for the proposed Omega Green project, the southern hemisphere’s first renewable diesel and aviation biofuel facility that ECB Group plans to build for $800 million. With the free zone in place, the project that is of “national interest” is guaranteed a […]

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ECB to build $800 million HVO/SPK plant in Paraguay with eye on exports

ECB to build $800 million HVO/SPK plant in Paraguay with eye on exports

November 12, 2019 |

In Brazil, Reuters reports that ECB plans to build an $800 million, 20,000 barrel per day HVO and SPK plant in Paraguay near the capital of Assuncion with an eye on value-added exports to the US, Canada and Europe. The company has hired Barclays and UBS to help it structure financing for what would be […]

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Paraguayan biodiesel industry worried rush to B15 fueled by Argentina

Paraguayan biodiesel industry worried rush to B15 fueled by Argentina

April 9, 2019 |

In Paraguay, Argentina’s La Nación newspaper reports that the country’s house of representatives is looking to boost biodiesel blending to 15% by 2021 from the current 2% now but the local industry is slamming the move as one pushed by Argentina in an effort to drive open a new market. The domestic biodiesel industry wants […]

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Paraguay to launch B2 mandate on January 1

Paraguay to launch B2 mandate on January 1

December 26, 2018 |

In Paraguay, local press reports that biodiesel blending of 2% will be mandatory as of January 1 in an effort to try to promote a local industry. Already ethanol is blended at between 25% and 27%, depending on the octane level of the fuel. Fueling stations in the country worked together with local stakeholders to […]

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Paraguay goes all in for flex-fuel with new law to promote fuel use and access

Paraguay goes all in for flex-fuel with new law to promote fuel use and access

June 11, 2015 |

In Paraguay, the Senate has approved amendments proposed by the lower house of Congress for the ethanol law, leaving the president to sign or veto the bill before it comes into law. The new law is meant to facilitate fuel supplies for the growing number of flex-fuel vehicles in the country but supporting more E85 […]

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Paraguay looking to boost biodiesel blend and mimic Brazil’s ethanol moves

Paraguay looking to boost biodiesel blend and mimic Brazil’s ethanol moves

July 28, 2014 |

In Paraguay, discussions are underway to boost the ethanol mandate to 27.5% to match what Brazil is potentially doing. Currently the local blend is at 25%, mirroring its neighbor market. On the biodiesel side, the government has convened a working group to study how to promote the fuel’s use. At the moment, oil companies aren’t […]

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