Used cooking oil is one of the main renewable feedstocks to produce sustainable aviation fuel (SAF) and biodiesel (hydrotreated vegetable oil - HVO[1]). The use of SAF and HVO within the transportation sector would considerably reduce carbon emissions. By using SAF, CO2 emissions from commercial flights are approximately 80% lower than conventional fuel.
Radu Caprau, member of OMV Petrom's Executive Board, responsible for Refining and Marketing: "We are looking for the best solutions to reduce emissions, and biofuels offer an opportunity to decarbonise transportation. One of the targets of our 2030 strategy is for biofuels to account for more than 15% of total fuel production. Through this transaction, we take a first step towards ensuring our access to the raw material necessary to produce biofuels and open up the prospect of integrating the circular economy into our core activities."
Founded 12 years ago, "Respiră Verde" collects up to 10,000 tons of used cooking oil per year from companies active in sectors such as hospitality (hotels, restaurants) and retail. The company has its own transport fleet, and it operates two main warehouses, in Bihor and Ialomița. It aims to expand its activity on other European markets in the near future.
Ionut Popsea, “Respiră Verde” cofounder: "Through this transaction, we join OMV Petrom in its efforts to reduce emissions and produce sustainable fuels. We share the same goals regarding the used cooking oil market, and we believe that together we will increase the collection rate in Romania and the region."
OMV Petrom has taken important steps to increase the share of biofuels. In 2022, Petrobrazi became the first ISCC[2]-certified refinery in the country capable of producing SAF and HVO by co-processing biological feedstocks. OMV Petrom is considering expanding its production capacity to produce sustainable fuels from a wide range of residual feedstocks, such as used cooking oil.
Radu Caprau, member of OMV Petrom's Executive Board, responsible for Refining and Marketing: "We are looking for the best solutions to reduce emissions, and biofuels offer an opportunity to decarbonise transportation. One of the targets of our 2030 strategy is for biofuels to account for more than 15% of total fuel production. Through this transaction, we take a first step towards ensuring our access to the raw material necessary to produce biofuels and open up the prospect of integrating the circular economy into our core activities."
Founded 12 years ago, "Respiră Verde" collects up to 10,000 tons of used cooking oil per year from companies active in sectors such as hospitality (hotels, restaurants) and retail. The company has its own transport fleet, and it operates two main warehouses, in Bihor and Ialomița. It aims to expand its activity on other European markets in the near future.
Ionut Popsea, “Respiră Verde” cofounder: "Through this transaction, we join OMV Petrom in its efforts to reduce emissions and produce sustainable fuels. We share the same goals regarding the used cooking oil market, and we believe that together we will increase the collection rate in Romania and the region."
OMV Petrom has taken important steps to increase the share of biofuels. In 2022, Petrobrazi became the first ISCC[2]-certified refinery in the country capable of producing SAF and HVO by co-processing biological feedstocks. OMV Petrom is considering expanding its production capacity to produce sustainable fuels from a wide range of residual feedstocks, such as used cooking oil.
