The Phillippines-headed Prime Infrastructure Holdings Inc. (Prime Infra) has announced that it has established WasteFuel Philippines, a new subsidiary for its waste-to-fuel project being developed in partnership with US-based WasteFuel Global LLC. WasteFuel Philippines is evaluating the feasibility of putting up a biorefinery in Luzon, that would convert over one million tonnes of municipal solid waste (MSW) into 30 million (US) gallons (≈ 113.6 million litres) of low-carbon synthetic crude oil.
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Prime Infra is the infrastructure investment arm of industry magnate Enrique K. Razon Jr. who amongst other things is also Chairman of the Board and President of International Container Terminal Services, Inc or ICTSI, a Philippine-based company that manages and operates over 32 ports and terminals in 19 different countries across the globe.
WasteFuel Philippines estimates that the proposed biorefinery plant could be operational by 2025.
The Philippines’ capital region alone generates around 10 000 tonness of municipal solid waste per day, equivalent to the weight of approximately 17 Airbus A380 planes. At WasteFuel Philippines, our goal is to turn waste into a valuable source of clean energy, thus improving waste management processes and reducing carbon emissions from transportation, said Guillaume Lucci, President Prime Infra.
NetJets, a leader in private aviation, has committed to purchase a minimum of 100 million gallons (≈ 378.5 million litres) of sustainable aviation fuel (SAF) from WasteFuel over the next ten years.
Utilizing the most effective technologies available, WasteFuel will produce fuels that burn up to 80 percent reduction in carbon compared to fossil-based aviation fuels.
WasteFuel Global Chairman and CEO Trevor Neilson said the project will help solve the municipal waste problem and minimize methane emissions from landfills “addressing sustainability in a whole different way.”
