The largest Ukrainian agricultural enterprise МХП in tandem with American biofuel giant Marquis Energy will build a carbon-neutral plant in Ukraine

Wednesday, April 21, 2021
2 MIN
The largest Ukrainian agricultural enterprise МХП in tandem with American biofuel giant Marquis Energy will build a carbon-neutral plant in Ukraine

As part of the carbon neutrality program of the МХП agro holding, was signed a Memorandum with the biofuel company Marquis Energy

"МХП is a responsible business: we care about the well-being of future generations, so it is important for us not only to produce quality and clean products but also to do so with minimal damage to the environment. As part of the cooperation, it is planned to build the first carbon-neutral plant in Ukraine, which will produce oil, high protein feed, liquefied carbon dioxide of food quality and bioethanol", announced on the official Facebook page of МХП.

All Marquis Energy plants are ISCC certified (The International Sustainability and Carbon Certification) and focused on research and investment in renewable energy, sustainable technologies and green manufacturing.

Using Marquis Energy technology of antibiotic-free processing of products, and adhering to the principles of energy efficiency, МХПs are applying the circular economy and zero waste production scheme. This means that resources for the operation of the plant will be extracted from renewable sources, following RED II standards and EU climatic requirements.

Having set the bar for processing at 500,000 tons of corn per year, МХП plans to become the Ukrainian leader in the production of feed and biofuel.

"Our innovative project with Marquis Energy is an important tool to achieve МХП carbon neutrality by 2030 and to significantly reduce the ecological footprint in finished products as part of the cooking transformation. Quality goods can and should be produced without damage to the environment, which is what МХП does. Our cooperation is an example of synergistic cooperation between two industry leaders to achieve the best eco-innovation standards", commented МХП CEO Yuri Kostyuk.

The implementation of the partnership project on the construction of the plant will open up new opportunities for the global business integration of Ukraine and the United States, bring fresh ideas based on innovation, and create a space for investment cooperation.

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