Biofuels

On a global basis, Gunvor sources a variety of feedstocks**Feedstocks** Feedstocks, in the context of energy commodities, refer to the raw materials that are processed and converted into fuel, energy, or other valuable chemicals through industrial operations. These materials... Read more for the biofuel industry, such as vegetable oil, waste residuesWaste residues refer to a category of materials that are left over from various industrial, agricultural, commercial, or domestic activities after a primary product has been extracted or used. These... Read more, and by-products, and then processes them in our own facilities to produce low CO2-emitting biofuelsBiofuels are alternative fuels derived from renewable biological resources, typically plant-based materials or animal waste. They are considered a sustainable and environmentally friendly substitute for fossil fuels, as they have... Read more.

Gunvor operates several blending facilities in Asia, the United States and throughout Europe, where the company prepares biofuels for end consumers across the world.

Further supporting Gunvor’s biodieselBiodiesel is a renewable and environmentally friendly alternative fuel that is derived from organic materials, predominantly plant oils and animal fats. It is commonly produced from crops such as soybeans,... Read more trading are the company’s two biodiesel plants located in Spain. In their production processes, second generation oils are used, i.e., residual oils, mainly from cooking. They therefore contribute to a circular economy model that incorporates residual products into the value chain, reducing the environmental impact that disposal would otherwise entail.

Increased trading in this areas aligns with Gunvor’s strategy to promote cleaner products with greener feedstock components complying with EU climate targets to reduce greenhouse gas emissionsGreenhouse gas emissions refer to the release of gases into Earth's atmosphere that are capable of trapping heat, thereby contributing to the greenhouse effect. The primary greenhouse gases in Earth's... Read more.