Eni, BASF Launch Biofuel R&D Initiative
July 29 2021 - 9:12AM
Dow Jones News
By Ed Frankl
Italian energy giant Eni SpA and German industrial conglomerate
BASF SE said Thursday that they have launched a joint
research-and-development initiative to reduce the carbon footprint
in the transport sector.
The companies said they agreed to develop a new technology to
produce bio-propanol that could reduce greenhouse-gas emissions by
65% to 75% compared to fossil fuels.
The cooperation aims to develop the bio-propanol from glycerin,
a side product in the production of industrial biodiesel that Eni
would buy from European producers, with a BASF catalyst, the
companies said.
Bio-propanol produced in this way can be added as "a drop-in
biofuel component to gasoline." It has better chemical properties
than bioethanol and is therefore a valuable component for the
preparation of premium gasoline, Eni and BASF said.
"The opportunity to collaborate with strong industry partners
like Eni is a major driver for innovation and growth for us,"
Detlef Ruff, senior vice president, process catalysts at BASF
said.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
July 29, 2021 09:08 ET (13:08 GMT)
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