Eni phases its biorefineries to 1.65 Mt/y and secures financing
Enilive aligns conversions in Italy, hubs in Asia and U.S. diversification, with rising HVO margins, integrated pretreatment and HVO/SAF offtakes tied to European requirements, supporting volumes, site utilization and operational guidance.
| Countries | Italie, Corée du Sud, Malaisie, États-Unis |
|---|---|
| Companies | LG Chem, Eni |
| Sector | Carburants Alternatifs, Énergie Biomasse, HVO, SAF |
| Theme | Marchés & Finance, Résultat |
Enilive, Eni’s biofuels division, reports an adjusted quarterly EBITDA of €233 million, up 35% driven by margin normalization. European spreads for Hydrotreated Vegetable Oil (huile végétale hydrotraitée, HVO) based on Used Cooking Oil (huiles de cuisson usagées, UCO) reach $1,143/t, versus $613/t previously, an increase of 86%. United States spreads for Renewable Diesel (diesel renouvelable, RD) stand at $420/t, down 45% year on year amid a more abundant supply backdrop. Processed volumes total 315 kilotons for the quarter (+14%), with a utilization factor of 85% versus 74% previously, and a nine-month total of 881 kilotons, down from 952 kilotons due to planned outages.
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