Mitsui & Co. and Galp have initiated a renewable fuel venture in Portugal.

Mitsui & Co. and Galp SGPS, S.A. have announced a significant venture in renewable diesel and SAF production in Portugal.

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The collaboration plans to construct versatile facilities at the Sines Refinery, aiming for commercial operations in 2026.

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Mitsui will manage the value chain, focusing on procurement from Asia and product sales.

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The venture aligns with Mitsui’s Medium-term Management Plan 2026, spotlighting the Global Energy Transition.

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Mitsui is committed to addressing climate change and fostering an eco-friendly society through this project.

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The investment showcases Mitsui’s innovative spirit and dedication to sustainability in the global energy landscape.

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The synergy between Mitsui and Galp aims to meet the growing demand for alternative fuels.

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Mitsui’s transparency regarding potential risks signals corporate responsibility and openness.

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The company’s diverse investments in the energy sector showcase its innovative approach to energy solutions.

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