Repsol to supply XPO with HVO in Spain
Published on: Jun 23, 2023
XPO customers will be able to access the advanced biofuel at any of their stations in Spain.
Repsol has signed an agreement to supply one million of hydrotreated vegetable oil (HVO) to U.S. transportation and logistics provider XPO. The company want to offer a greener form of mobility through its LESS program (Low Emissions Sustainable Solution).
XPO customers will be able to access the advanced biofuel at any of their stations in Spain, which service over 2,500 vehicles working on transport and delivery.
“This alliance with XPO reinforces Repsol's commitment to renewable fuels, one of the main axes to become a zero net emissions company by 2050. Renewable fuels are already a solution that immediately reduce CO2 emissions from transport and are compatible with the current fleet and existing distribution and refuelling infrastructures without the need for any modifications,” said Estíbaliz Pombo, Senior Manager of Mobility Energy Products at Repsol.
XPO offers multimodal transport solutions that combine road, rail and shipping. It also has more efficient vehicles such as the duo-trailer and the mega-truck. The latest centres inaugurated by the company in Madrid, Barcelona and Alicante have received Leed Gold certification, while all XPO centres in Spain consume 100% renewable energy, according to the transport company.
"We are proud to announce the launch of LESS in Spain and to do so in partnership with Repsol, a major multi-energy company and one of our main partners in the Iberian Peninsula,” commented Massimo Marsili, General Manager Southern Europe and Morocco at XPO.
Together with its European business, XPO serves around 48,000 customers through 558 locations and 38,000 employees.
Last year, Repsol announced plans to invest a total of €200 million in an advanced biofuels project that will have the capacity to produce 250,000 tons per year.
