Dutch biomass technology group BTG is to set up the world's first refinery to produce marine biofuels based on crude pyroysis oil.
The test facility will be operated by a new company named BTG-neXt, in collaboration with Dutch biofuels producer GoodFuels, which will market the bunkers.
In the first phase, BTG-neXt will focus on building a pilot refinery for converting pyrolysis oil into 100% sustainable marine biodiesel for ships.