Biofuels

On a global basis, Gunvor sources a variety of feedstocksFeedstocks are the raw materials that are processed in industrial operations to produce energy, fuels, and other chemical products. In the energy sector, feedstocks typically refer to the basic materials... Read more for the biofuel industry, such as vegetable oil, waste residues**Waste Residues** Waste residues refer to the by-products that are left over from industrial, agricultural, commercial, or domestic processes that have used up the primary product. These residues can include... Read more, and by-products, and then processes them in our own facilities to produce low CO2-emitting biofuelsBiofuels are a category of energy sources derived from biological materials (biomass), such as plants and animal waste. These fuels are considered to be renewable because the feedstock used in... 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, biodegradable fuel that is manufactured using a chemical process which converts oils and fats of natural origins into fatty acid methyl esters (FAME). Biodiesel is designed... 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 Greenhouse gas emissions refer to the release of gases into the Earth's atmosphere that are capable of trapping heat and thus contributing to the greenhouse effect, which... Read more.