P2X Europe is driving progress towards climate-neutral mobility and chemicals: the joint venture between Mabanaft and the H&R Group plans to purchase synthesis-based e-fuels and waxes made from renewable raw materials from Nordic Electrofuel. From 2024, P2X Europe will purchase commercial volumes of fuel and waxes and market them primarily in the jet fuel sector, but also in the basic chemicals industry. “The transport sector must become greener. Low-emission aviation fuels demonstrate that flying and climate protection are not mutually exclusive. In Nordic Electrofuel, we have an innovative partner for power-to-liquid solutions at our side. Our customers will benefit from this technological expertise and P2X Europe’s extensive distribution channels,” explains Volker Ebeling, Senior Vice President of New Energy, Chemicals and Gas at Mabanaft.
Nordic Electrofuel plans to build several state-of-the-art e-fuel production plants in Porsgrunn, around 150 kilometres south-west of the Norwegian capital Oslo, as well as in other parts of Norway. At the Herøya industrial park there, Nordic Electrofuel intends to produce synthesis-based fuels and raw materials for the chemical industry on a large scale from 2024 onwards, thereby helping to reduceCO₂ emissions. The hydrogen used in the production processes is green, and the electricity comes from domestic wind and hydro power. In the first phase, a demonstration plant is set to produce 8,000 tonnes of fuels and waxes per year. Annual production capacity is to be gradually expanded to over 800,000 tonnes.
Market leader in Power-to-X products
The partnership between Nordic Electrofuel and P2X Europe strengthens the joint venture’s supply base and thereby drives market penetration withlow-carbon Power-to-Liquids products. This move follows the commercialisation efforts based on H&R’s own Power-to-Liquid demonstration plant in Hamburg. There, synthesis-based crude waxes and fuels are set to be produced as early as 2022 from renewable raw materials – green hydrogen and biogenic carbon dioxide. “We want to support our customers as effectively as possible on their journey towards climate neutrality. This means we must offer them exactly the solutions they need. Our partnership with Nordic Electrofuel enables us to do just that. Together with the capacity from our own plant, we are providing a wide range oflow-carbon fuels and chemical products,” said Detlev Wösten, Chief Sustainability Officer of the H&R Group and co-CEO of P2X Europe.
P2X Europe is the joint power-to-liquid venture between Mabanaft GmbH & Co. KG and the H&R Group. Both partners hold equal stakes in the Hamburg-based company. P2X Europe will source Power-to-X products (e-fuels and specialised petrochemicals) from relevant projects and market them through the respective distribution channels.
www.p2x-europe.com
Mabanaft GmbH & Co. KG is a leading independent and integrated energy company that offers its customers innovative energy solutions in the transport, heating and industrial sectors. In addition, the company is active in the trading of petroleum products, natural gas liquids, chemicals and biofuels.
www.mabanaft.com/de
H&R Group: The Hansen & Rosenthal Group is active in the development, manufacture and marketing of speciality chemical and pharmaceutical products. In partnership with H&R GmbH & Co. KGaA, the group operates two German speciality production sites in Hamburg and Salzbergen.
www.hur.com
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