New Energy Today Issue 103 - 2025 | Page 65

____________________________________________________________________________________ Riograndense
Refinery competitive in Latin America and one of the most competitive in the world.”
Accelerating decarbonization
Being a significantly large-scale project, Riograndense is committed to hiring a workforce from Rio Grande and surrounding municipalities, with the refinery conversion generating thousands of direct and indirect jobs in the community.“ Our initiatives focus on both immediate job creation during construction and long-term capacity building for ongoing operations,” says Flávio.“ Once operational, the biorefinery will sustain highly qualified industrial jobs in operations, engineering, environmental management, laboratory analysis, logistics, and digital systems ensuring long-term socioeconomic impact for the region.”
Not only is it strengthening the local economy through employment initiatives, the biorefinery project represents approximately $ 1 billion in direct investment at the site, plus a further $ 1 billion across the state’ s agricultural supply chain – especially through the expansion of cover crops. Flávio reveals the refinery has clear priorities for 2026 and beyond:“ First, we plan to start up the FCC unit in the first quarter, marking our effective entry into the renewable chemicals and fuels market. Additionally, we’ ll submit the project for final investment decision by our shareholders. With approval granted, our schedule foresees the beginning of construction in the second half of the year.
“ In five years, we expect our company to be firmly positioned as one of the leading SAF producers in the Southern Hemisphere and a reliable supplier to the most relevant global
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