Biofuels

On a global basis, Gunvor sources a variety of feedstocksDescription: Feedstocks refer to raw materials or substances that are used as inputs in the production of various products, such as fuels, chemicals, and materials. In the context of energy... Read more for the biofuel industry, such as vegetable oil, waste residuesWaste residues, also known as residual waste or residual materials, refer to the byproducts or leftovers that remain after the completion of a process or activity. In the energy commodities... Read more, and by-products, and then processes them in our own facilities to produce low CO2-emitting biofuelsBiofuels are a type of renewable energy derived from biological sources, such as plants and animal waste. These fuels are used as an alternative to fossil fuels, with the aim... 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 cleaner-burning alternative fuel made from biomass sources, such as vegetable oils or animal fats. It is produced through a chemical reaction called transesterification, which converts... 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 emissionsDescription: Greenhouse gas emissions refer to the release of gases into the Earth's atmosphere that contribute to the greenhouse effect and ultimately result in climate change. These gases trap heat... Read more.