Media

There are several reasons why methanol is interesting for FinCo and the markets we serve. First off: methanol is a liquid. This means that it fits perfectly into our existing logistics system. Secondly, you can make methanol from almost any residue stream you can think of, so the feedstocks are always available. In addition, methanol’s production process is relatively simple and requires relatively little energy. And because you make it from sustainable feedstocks, the product has a very low carbon footprint, with savings up to 80 to high in the 90s percent. So when we’re talking about methanol, we’re always talking about bio-methanol.

Why wait with the energy transition? By providing sustainable fuels that ships can already use today, GoodFuels creates momentum in the shipping industry. We strive to propel the shipping industry forward, towards a greener future.

At FinCo Fuel Group, we always challenge ourselves to provide the most sufficient sustainable solutions. After all, we want to service our customers during their CO2 journey to decarbonisation. At the same time, we also look for ways to improve internally. What can we do to contribute to a better, more sustainable world?

In the next few years, we must do everything in our power to reduce CO2 emissions worldwide. We want to be a symbol for the transition that alle energy companies must go through. The course has changed and our sustainable product portfolio is transforming rapidly. We have the people, the resources and the innovate power to make a difference and contribute to a more sustainable world. But we can’t do this alone.

To reduce CO2 emissions worldwide we are accelerating the use of sustainable energy carriers and phasing out fossil fuels. One the of the greatest fuels we use to reduce CO2 is HVO, a synthetic diesel, which is produced from the residue streams of the food industry or industrial processes. It is also a very sustainable fuel: it reduces CO2 emissions up to 89 percent and ensures clean combustion, both on land and water.

The energy system of the future consists of all kinds of innovative solutions. These innovations differ per market segment and mode; road traffic requires different solutions than shipping and air transport. We therefore look at new sustainable feedstocks, as well as ground breaking conversion technologies to convert these feedstocks into various suitable energy carriers. That is why we are not only looking at liquid fuels, but also at hydrogen and electricity.

FinCo is moving from fossil fuels to alternative energy carriers. And one of those new energy carriers is hydrogen. It is important for hydrogen companies to be in touch with the market and know exactly when the various sectors will switch energy carriers. If you do not have good contacts within those sectors, you miss that moment. FinCo has those contacts; that’s why our organisation is also such a suitable partner for parties in hydrogen.

It’s been evident from the start that FinCo pursues clear sustainability goals and wants to be at the forefront. Biofuels were high on the list when the company was founded in 2013. Now, almost 10 years later, we have a clear function in the market. We supply our customers with products that are both sustainable and technically reliable, and also try to familiarise them as much as possible with biofuels. We ensure that the gap between biofuels and regular fuels gets smaller and smaller.

At FinCo, we are good in grasping that complexity and making legislation easier to understand for our organisation and for our customers. What does it mean when we add a new energy carrier, such as electricity, to our product portfolio? Which regulations does it have to comply with, how can we sell it and to whom?

A unique opportunity in education. This autumn, our Rotterdam neighbour, Erasmus University Rotterdam (EUR), is launching a new series of programmes aimed at the future leaders of the energy transition. The programme will be run by EUR’s business school, Rotterdam School of Management, Erasmus University (RSM), one of Europe’s best institutes in this field. FinCo Group is delighted to be one of the 15 founding partners of this programme, which offers courses and specialisations at both bachelor’s and master’s levels, as well as to managers who have been in the industry for a while.

A fuel and CO2 saving of 14% - which ship charterer doesn't want that? Peterson Energy Logistics and Gulf Bunkering, both established in Den Helder, entered into a lucrative partnership. The results exceed all expectations.

At FinCo Fuel, we are always looking for better. Better raw materials, better conversion technologies that result in fuels with even greater CO2 savings. That is an ongoing quest, in which we gather knowledge and experience with various advanced products that can be blended. For example, we recently carried out a test in our FinCo Fuel distribution system on the blending of a new bio-product: bio-methanol.

Funding the restart of CBC pellet factory fits within FinCo’s ambition to play a key role in the supply chain. This includes access to biomass residues, the sustainable harvesting and processing of the material and the conversion to low carbon transport fuels.

A company that has the ambition to initiate change, needs to have that ambition reflected in everything. From its founding in 2013, FinCo Fuel has ensured that the sustainability of the energy market has become more firmly anchored in the organization's DNA and strategy every year. Not only by continuously greening our own processes and adapting them to the new times, but also by investing in cleaner fuels, which also allows our customers to reduce their CO2 emissions.

A company that has the ambition to initiate change, needs to have that ambition reflected in everything. From its founding in 2013, FinCo Fuel has ensured that the sustainability of the energy market has become more firmly anchored in the organization's DNA and strategy every year. Not only by continuously greening our own processes and adapting them to the new times, but also by investing in cleaner fuels, which also allows our customers to reduce their CO2 emissions.

African Clean Energy (ACE) recently won the EY Social Impact Entrepreneur of the Year Award, an award for successful and innovative initiatives that help make the world a more beautiful and better place. It was a wonderful reward for what ACE has been doing for ten years: ensuring that the world’s poorest households have access to clean energy supplies. The family business has already sold more than 70,000 units of the ACE One: a hybrid stove that burns biomass in a clean way by means of a fan that runs on solar energy. Users no longer need to cook on an open fire, which is beneficial to both their health and air quality. And as well as cooking their food on it, they can also charge their mobile phones with it. What’s more, the ACE One ensures a significant reduction in CO2 emissions.

A lot is happening in our sector right now. In the Dutch newspaper, Het Financieele Dagblad, we tell what we do and why, and what it all adds up to. We share our story in the hope that we can inspire others and bring them along in the changes. Because as Jan-Willem van der Velden says in this piece: 'For us, the energy transition cannot go fast enough'.

A glance at the various election programs offers little hope for the time being when it comes to sufficiently reducing CO2-emissions. Despite all the good intentions, the climate objectives remain far out of sight. Not for nothing did European government leaders make stricter agreements at the end of last year: emissions must be reduced by 55 percent in 2030 compared to 1990. The greatest gains can be made in the mobility sector, which is the only sector in Europe where emissions have risen since that base year. Clear policies on the use of renewable fuels are crucial for this.

Dalergy Group and Twinning Energy start a partnership in the field of hydrogen. Dalergy Group, whose clients include Dalhuisen Olie and Gulf Nederland, is taking 'a step towards making hydrogen more accessible as a fuel'. The two parties will jointly offer hydrogen to companies with a (home) refuelling installation.