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+<br>LISBON, Dec 19 (Reuters) [- Portugal's](https://forest500.org/rankings/companies/mission-newenergy-limited) [Galp Energia](https://stocktwits.com/symbol/MNEL) expects to [start producing](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and [biojet fuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from waste in an industrial-scale unit it is  at its [Sines refinery](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) in 2026, the company, which is mainly an [oil manufacturer](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and refiner, stated on Thursday.<br>
+<br>Last year Galp entered into a 75%-25% joint venture with [Japan's](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Mitsui to invest 400 million euros ($415 million) in the Hydrogenated Grease (HVO) plant, which will have a production capability of 270,000 metric tons annually.<br>
+<br>It will change waste materials, such as [utilized cooking](https://www.google.com/search?kgmid=/m/0cqd_rb) oils, into [eco-friendly](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and biojet fuel, likewise called [sustainable aviation](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) fuel (SAF), [utilizing green](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) hydrogen produced by an [electrolyser](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) powered by wind or solar power.<br>
+<br>Galp stated in a statement it received on Wednesday the three [reactors](https://forest500.org/rankings/companies/mission-newenergy-limited) to [process](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) biofuels, which will allow the [HVO unit](https://pitchbook.com/profiles/company/51278-86) to "produce SAF and [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) in 2026 ... placing Galp at the forefront of establishing low-carbon options essential for the energy shift".<br>
+<br>Galp is also [investing](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 250 million euros in a 100 megawatt (MW) electrolyser unit to produce green hydrogen to power the [refinery](https://www.google.com/search?kgmid=/m/0cqd_rb) in Sines. ($1 = 0.9637 euros) ([Reporting](https://www.bloomberg.com/profile/company/MNELF:US) by Sergio Goncalves
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