Media
Vitol to invest in plastics recycling company WPU
Vitol has entered into a strategic partnership with Danish company WPU, which recycles waste plastic into plastic oils. Vitol will offtake and market the recycled plastic oils generated by WPU’s new pyrolysis plant in Faarevejle in Odsherred Municipality north of Copenhagen, which is expected to open in early 2023, with […]
Vitol’s V-Bunkers to bring electric-hybrid bunker tankers to Singapore harbour
Vitol’s Singaporean bunker operations company, V-Bunkers, has placed an order to build two electric-hybrid bunker tankers. V-Bunkers intends to deploy these bunker tankers for harbour operations in Singapore, thereby significantly reducing carbon emissions within the port. The bunker tankers are being built with Electric-Hybrid notation and will employ state of the art Energy Storage Systems (ESS) technology comprising Lithium ion batteries for […]