SK Chemicals Co., the chemical and pharmaceutical unit under South Korean conglomerate SK Group, has launched a project to use bio heavy oil as vessel fuel amid rising demand for cleaner energy sources.
According to industry sources, SK Chemicals has started safety and feasibility tests on bio heavy oil for powering large vessels like container ships. Bio heavy oil is environmentally-friendly fuel for power generation, made from animal fat, leftover cooking oil, and by-products of bio-diesel processing.
SK Chemicals started bio heavy oil business in 2006. The company is the first in Korea to…
View entirety: Dry Bulk Magazine