Axens tapped for 3 new Vegan® licenses by Galp, LOKEN and SAFCO Ventures, for SAF and Renewable Diesel Production
Leading energy players Galp, a major Portuguese multinational energy corporation, LOKEN, a Malaysian energy player developing one of the first renewable complex in South-East Asia, as well as SAFCO Venture Holdings Limited (SAFCO Ventures), have selected Axens’ Vegan® offering.
These three companies will implement Axens’ Vegan® solution for their respective Hydrogenated Vegetable Oil and Sustainable Aviation Fuel (HVO/SAF) production facilities located in Portugal, Malaysia and Pakistan, in order to accelerate the reduction of their global carbon footprint and the shift from conventional to renewable fuel technologies.
Axens will supply technology license, catalysts, proprietary equipment, trainings, and technical services for these new projects.
Axens originally pioneered the first-generation biodiesel market in the 90’s, with the Esterfip™ technologies, earning in 2007 the Kirkpatrick award for Chemical Engineering Achievement based on transesterification process. The Vegan® technology was then developed by IFP Energies nouvelles in the mid-2000’s, based upon an extensive research and development program.
Eight years after the successful start-up of its first reference, Axens’ Vegan® is today a globally marketed technology dedicated to the production of SAF/HVO through the Hydroprocessed Esters and Fatty Acids (HEFA) pathway.
In addition, three other new Vegan® units are expected to be started-up in the following months.
We are honored to provide our Vegan® technology to these three leading energy players with ambitious energy transition objectives. With our highly-proven proprietary solution already adopted by a wide range of customers all over the world, we are tpleased to contribute to the industry’s effort and trajectory to decarbonize the energy sector. First of their kind in these countries, these projects integrating Axens’ Vegan® technology are significant milestones for both Axens and our partners.
About Axens
The Axens Group (www.axens.net) offers a complete range of solutions for the conversion of oil and biomass into cleaner fuels, the production and purification of major petrochemical intermediates, the chemical recycling of plastics, natural gas treatment and conversion options, water treatment and carbon capture. Their offer includes technologies, equipment, furnaces, modular units, catalysts, adsorbents and related services. Axens is ideally positioned to cover the entire value chain, from feasibility studies to start-up and monitoring of units throughout their lifecycle. This unique position guarantees optimum performance and a reduced environmental footprint. Axens' international offering is based on highly qualified human resources, modern production facilities and an extensive global network for industrial, technical support and sales services. Axens is an IFP Energies Nouvelles Group company.
To find out more, visit our website, and follow us on X and LinkedIn.
Contact press: press@axens.net
About Galp
Galp is a Portuguese multinational energy corporation headquartered in Lisbon, Portugal. Galp consists in more than 100 companies engaged in every aspect of oil and natural gas supply: exploration and production, refining, trading, logistics. Aiming to reach net zero emissions by 2050, Galp is also a leader in Renewables (solar and wind) in the Iberian Peninsula and is focusing in the development of new areas such as Carbon Capture, Bioenergy, Low Emissions Hydrogen or Battery.
Learn more on our website https://www.galp.com/corp/pt/, and follow us on LinkedIn.
About LOKEN
LOKEN, also known as Lokal Energy, is a subsidiary of Barium Selat Group, dedicated to the advancement of high-performance biofuels derived from local waste materials. Our primary focus lies in meeting the growing demand for sustainable energy solutions across the South East Asia (SEA) region. In response to the increasing need for sustainable chemicals, we are proud to introduce the first-ever renewable complex, the Carbon Cycle Complex, in the Asia Pacific region.
Learn more on our website https://loken.my/, and follow us on LinkedIn.
Contact press: hello@loken.my
About SAFCO
SAFCO is a renewable energy corporation headquartered in BVI. Safco operates and owns facilities in Pakistan in the biofuels industry, and is dedicated to helping to achieve net zero by 2050. Safco recently achieved a financial close of the largest Sustainable Aviation Fuel Facility in Pakistan, marking the first project finance SAF facility by Asian Development Bank and IFC (International Finance Corporation)
Learn more on our website Safco Ventures and follow us on https://www.linkedin.com/company/safco-ventures/