Chevron Lummus Global (CLG) and Neste, a leading global producer of sustainable aviation fuel and renewable diesel, announced their progress in developing new technology for converting lignocellulosic biomass into high-quality, lower-emission renewable fuels.
CLG, a joint venture between Chevron US and Lummus Technology, is a leading technology provider for the production of renewable and conventional transportation fuels, premium base oils, and sustainable petrochemicals from a wide range of feedstocks.
Through close collaboration at CLG's state-of-the-art R&D facility in the US, Neste and CLG have successfully demonstrated proof of concept for converting lignocellulosic waste into renewable fuels, with highly promising initial results, it stated.
On the new venture, Chevron Lummus Global CEO Rajesh Samarth said: "Our collaboration and initial success demonstrate the complementary strengths of Neste and CLG to create a powerful, scalable platform to produce renewable fuel from lignocellulosic raw material."
"By advancing the hydroprocessing of diverse feedstocks, we're not only expanding the possibilities for renewable fuels but also setting a new benchmark for innovation in sustainable energy," he stated.
The partnership combines CLG's extensive experience and proven track record in developing and licensing market leading refining technologies with Neste's pioneering expertise and global leadership in renewable fuels.
With a successful proof of concept, the partners are now advancing to the next phase - further validating the process for commercial-scale deployment and unlocking the full potential of this abundant, underutilized feedstock.
Lars Peter Lindfors, Senior Vice President of Technology and Innovation at Neste, pointed out that lignocellulosic waste and residues can make an important contribution as a new and scalable raw material pool for renewable fuels.
"The technology development with CLG has progressed well and we are very encouraged by the initial results. Unlocking the potential of these promising raw materials would allow us to meet the growing demand of renewable fuels in the long-term and contribute to ambitious greenhouse gas emission reduction targets," he noted.
Powered by cutting-edge catalysts and innovative reactor internals, CLG's portfolio is designed to optimize efficiency and flexibility while minimizing emissions and maximizing economic returns, he added.-TradeArabia News Service