Prime Infrastructure Holdings Corp. (Prime Infra) has established a new subsidiary for its waste-to-fuel project being developed in partnership with US-based WasteFuel Global.
WasteFuel Philippines is evaluating the feasibility of putting up a biorefinery in Luzon that would convert over 1 million tons of municipal waste into 30 million gallons of low-carbon synthetic crude oil annually. The facility is eyed to be operational by 2025.
“The Philippines’ capital region alone generates around 10,000 tons of municipal solid waste per day, equivalent to the weight of approximately 17 Airbus A380 planes. At WasteFuel Philippines, our goal is to turn waste into a valuable source of clean energy, thus improving waste management processes and reducing carbon emissions from transportation,” said Guillaume Lucci, Prime Infra’s president, in a statement.
The company added NetJets, the world’s largest private jet operator, has committed to purchase a minimum of 100 million gallons of sustainable aviation fuel from WasteFuel over the next 10 years.
