KPL
(KPL/Yonhap) GS Caltex Corp., Republic of Korea's second-largest refiner by sales, said Tuesday it is considering producing biofuel by recycling waste from palm oil mills in Indonesia.
(KPL/Yonhap) GS Caltex Corp., Republic of Korea's second-largest refiner by sales, said Tuesday it is considering producing biofuel by recycling waste from palm oil mills in Indonesia.
The initiative, which also aims to cut greenhouse gas emissions, involves using palm oil mill effluent (POME) to produce bio-based raw materials while reducing methane emissions, a major contributor to global warming, the company said in a press release.
In Indonesia, POME is typically treated in open-air ponds that break down organic matter but release large amounts of methane into the atmosphere.
"We will conduct a detailed feasibility study over the next six months to assess the project's greenhouse gas reduction potential and economic viability," the company said.
Based on the study's outcome, GS Caltex will determine the scale and timing of its investment to build Indonesia's first POME oil processing facility.
POME oil can be used to produce sustainable aviation fuel (SAF) and other types of biofuel. Indonesia is the world's largest producer and exporter of palm oil.
GS Caltex has been selected for the government's 2025 greenhouse gas reduction project feasibility study support program, which promotes overseas emission reduction efforts by Korean companies as part of Republic of Korea's 2030 Nationally Determined Contribution (NDC) to climate change.
Under the current NDC plan, Republic of Korea aims to cut greenhouse gas emissions by 40 percent from 2018 levels by 2030.
KPL
