It’s been evident from the start that FinCo pursues clear sustainability goals and wants to be at the forefront. Biofuels were high on the list when the company was founded in 2013. Now, almost 10 years later, we have a clear function in the market. We supply our customers with products that are both sustainable and technically reliable, and also try to familiarise them as much as possible with biofuels. We ensure that the gap between biofuels and regular fuels gets smaller and smaller.
For the production of fuels we depend on a regular stream of feedstocks. And that’s why we want to know exactly where they come from. We want to enter into long-term partnerships with producers so that we can be sure of the quality of the products and the supply. FinCo is now also using more and more residue streams from other sectors, from which advanced biofuels are made. And with the residue streams we use becoming increasingly more complex, the market will also become more comprehensive and our product portfolio will broaden. So we have to take a view of new products for which no listing is yet available.
Our Trading Manager Alex Pechman explains: “Our Trading team is continually dealing with new products that haven’t been traded enough. Moreover, we must take into account the fact that biofuels and their fossil counterparts are still far apart in terms of price. We are always looking for the best way to bridge that gap. Irrespective of quoted market prices, FinCo always succeeds in bringing new projects to a successful conclusion. Our sustainability course is clear. The question is: will you join us?”
Curious how our Trade Manage closes the gap between biofuels and their fossil counterparts? Read his story.
FincoEnergies is an independent, leading provider of sustainable energy solutions. Our mission is to propel our customers’ transition towards a better world. At FincoEnergies, we focus on providing low-carbon energy and decarbonisation solutions. With these solutions, we empower our customers to calculate, reduce, inset and offset their emissions.
There are several reasons why methanol is interesting for FinCo and the markets we serve. First off: methanol is a liquid. This means that it fits perfectly into our existing logistics system. Secondly, you can make methanol from almost any residue stream you can think of, so the feedstocks are always available. In addition, methanol’s production process is relatively simple and requires relatively little energy. And because you make it from sustainable feedstocks, the product has a very low carbon footprint, with savings up to 80 to high in the 90s percent. So when we’re talking about methanol, we’re always talking about bio-methanol.
Why wait with the energy transition? By providing sustainable fuels that ships can already use today, GoodFuels creates momentum in the shipping industry. We strive to propel the shipping industry forward, towards a greener future.
At FinCo Fuel Group, we always challenge ourselves to provide the most sufficient sustainable solutions. After all, we want to service our customers during their CO2 journey to decarbonisation. At the same time, we also look for ways to improve internally. What can we do to contribute to a better, more sustainable world?