Azimut-Benetti Group to be supplied with biofuel
Azimut|Benetti Group and Eni Sustainable Mobility have signed an agreement for the supply and use of HVOlution, the biofuel produced from 100% renewable raw materials*. This is the first yachting industry agreement that targets decarbonisation.
HVOlution, a biofuel made of 100% HVO (Hydrogenated Vegetable Oil), is produced in Eni Sustainable Mobility’s Venice and Gela biorefineries from waste raw materials and vegetable residues, or from oils generated from crops that do not compete with the food chain, in a circular economy model applied to mobility. Factoring in the entire logistics and production chain, HVOlution can deliver emissions reductions of up to 90% compared to the benchmark fossil blend, depending on the raw materials used for its production**.
Starting in summer 2023, Azimut|Benetti Group will introduce HVOlution to replace the fossil-based fuel currently used by the Azimut and Benetti brands for the technical testing of new yachts, sea trials and prototype model handling. Owners will also be able to take delivery of new Azimut models with HVOlution biofuel in the tank. The collaboration between Azimut|Benetti Group and Eni Sustainable Mobility will be kicked off in early June by the first voyage of Azimut’s new Magellano 60, which will travel from Savona to Taormina for her international premiere at the “Yachting Gala” event organised by Azimut for over 600 owners from around the world.
“This first supply of biofuel to the recreational boating industry confirms that Eni Sustainable Mobility can support maritime operators on the path to decarbonisation. The agreement with Azimut|Benetti Group is a first step that will be followed in the coming months with increased sales of HVOlution to the maritime industry as well,” said Stefano Ballista, CEO of Eni Sustainable Mobility.
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