Q8 Italia Acquires Agriferr and ArMA for Biofuel Production

Q8 Italia has announced the purchase of 100% of the shares of Agriferr and ArMa, companies operating in the biogas/biomethane and bioGNL production sector.

Another key step that demonstrates the company’s commitment to an energy transition path, which combines environmental protection, in compliance with the principle of technological neutrality, and the guarantee of the country’s energy security.

Q8 Italia thus becomes the sole shareholder of Agriferr

“Thanks to this operation, Q8 Italia strengthens its ties with the territory by enhancing local resources and promoting collaboration models in line with Goal 17 of the UN 2030 Agenda for Sustainable Development, which encourages strategic partnerships to address the global challenges of our time,” said Bashar Alawadhi, CEO of Q8 Italia.

“By transforming waste into clean energy and reducing environmental impact, we contribute to the economic growth of local communities, thus combining environmental and social sustainability.”

Q8 Italia thus becomes the sole shareholder of Agriferr, owner of two plants, one for the production of bioGNL, active from 2023, with a production capacity of 2.5 million standard cubic meters per year, and the other for the production of biogas from agricultural by-products, which will be converted to produce biomethane , with a potential of 2.1 million standard cubic meters per year.

Also for the ArMa plant, now fully controlled, Q8 Italia has planned a significant investment to convert the biogas plant from agricultural waste to the production of Biomethane, with the aim of reaching an annual output of 2.1 million standard cubic meters. Both companies produce from advanced second-generation raw materials in compliance with national regulatory requirements with the aim of actively contributing to the decarbonization of the transport sector. Furthermore, the Agriferr bioGNL plant is certified under the National System for the Certification of the Sustainability of biofuels and bioliquids.

“The Q8 Group confirms its commitment to a sustainable energy transition through targeted investments in renewable energy production, such as today’s acquisition, and low-carbon technologies,” said Fadel Al Faraj , Executive Vice President Marketing of Kuwait Petroleum International and President of Q8 Italia. “Biogas, biomethane and bioLNG represent concrete and immediate solutions for the decarbonization of transport in favor of a more sustainable energy model in line with the principles of the circular economy.”

Today’s acquisition, which is perfectly consistent with the recent entry into the equal joint venture of Eco Fox , active in the advanced biofuels market , allows Q8 Italia to directly enter the production chain of biomethane and bioGNL, which will be released for consumption at the closest distributors of the Q8 sales network which today has over 2800 Q8 plants spread throughout Italy. A strategic investment for Q8, which continues to develop a modern multi-energy and multi-service network, in order to respond to the needs of a market attentive to sustainability.

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(Featured image by Roger Startnes Sr via Unsplash)

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