Overview
The “Omega Green” Complex will be a source of employment for 5,400 people, with 3,000 directly employed during the construction phase and another 2,400 indirectly during steady-state operation. It will also benefit 10,000 agricultural families who will produce raw materials for the plant.
Production Capacity
The plant is expected to produce around 20,000 barrels of diesel and renewable kerosene per day. Most of this production will be exported to the countries of the former Paris Agreement, which are interested in decreasing their greenhouse gas emissions, primarily from the use of fossil fuels.
Renewable Energy Commitment
The plant will operate exclusively using renewable energy sources.
Project Timeline
Construction is planned to commence in the first half of 2020, with the objective of having the facility fully operational by 2022.
Economic Impact
According to projections, the project will attract international investment, which is expected to raise Paraguay’s GDP (Gross Domestic Product or PIB in Spanish) to approximately $8 billion in the next decade.