February 20, 2025 [SAF Investor]- Portuguese multinational energy corporation Galp said that it continued to make capital expenditure into its HVO/SAF unit in the Sines Industrial Complex, Portugal.

The company, in fourth quarter report, said that it invested funds into the it invested funds into the it invested nearly €232.4m ($242.5m) in Sines Industrial complex during the full year 2024.

In December last year, the company announced it has recently received three new reactors for its Sines site to begin SAF/HVO production from 2026 onwards.

The company is investing nearly €650m ($678.2m) in the development of advanced biofuels site. The site will also host 100 MW green hydrogen unit capable of producing up to 15,000 tons of renewable hydrogen annually.

The advanced biofuels unit, which will incorporate the newly-arrived reactors at its Portugal site, represents a €400m investment, in partnership with Japan’s Mitsui. Its nameplate production capacity is 270,000 tons per year.

The facility will process treated vegetable oils and animal fats, converting them into biodiesel with identical characteristics to traditional mineral diesel used in combustion engines and aviation fuel.

The chemical reaction takes place inside these reactors through the injection of hydrogen and the application of pressure and heat.

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