Next to the recent introduction of FinCo ChangeXL fuels (based on the use of the most advanced enzyme technology), we are expanding our sustainable product range with renewable HVO diesel. Like ChangeXL, low carbon HVO diesel fits perfectly in the transition a to lower-carbon energy system. Both products have their own sustainability and pricing characteristics.
FinCo, as an independent product supplier and logistics service provider, aims to be front-runner in the market of sustainable fuels. "HVO is the ultimate fuel of the future". HVO delivers excellent performance, especially in terms of CO2 and local emissions reduction. Sustainability is guaranteed as this advanced biofuel is produced from waste and residues that are not in competition with food chains. In addition, HVO diesel has a superior product quality.
FinCo delivers HVO diesel blend with both 11% and 20% HVO. Furthermore there is also a Change XL HVO diesel available for those customers requiring the ultimate sustainability performance.
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The advanced biofuel facility, Advanced Methanol Rotterdam (AMR), will convert non-recyclable waste into advanced methanol at the Port of Rotterdam, which will be purchased by FinCo Fuel. Advanced Methanol will achieve the CO2 emission reductions set out in the Renewable Energy Directive II (RED II) and the Fit-for-55 package.
Being an independent provider for sustainable energy solutions, we must quickly scale up our impact on the ongoing energy transition. Adding new energy carriers to our sustainable portfolio is important to guide our customers during their CO2-journey to decarbonisation. An energy carrier in which we see a lot of opportunities is electricity. Via our collaboration with EQUANS, international market leader in technical services, we are now able to offer various energy solutions to our customers.
Gane Energy selected FinCo Fuel Group as the first supplier to introduce a (green) methanol-based fuel formulation to reduce greenhouse gases and exhaust emissions. This liquid fuel, Gane Fuel, has been developed for use in new and retrofitted heavy-duty diesel engines. The partnership highlights both companies’ ambitions to deliver climate neutral fuels to meet current and new emissions regulations.
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FinCo Fuel has taken over the dealership for the distribution and sales of XBEE enzyme technology for the Benelux as per 1st June 2021. This acquisition fits with the ambition of FinCo Fuel to be a front runner in the transition towards low-carbon fuels.