China could bring online 1M tons of SAF production in next 18 months

In China, Reuters reports that major domestic companies including Junheng Industry Group Biotech, Zhejiang Jiaao Enprotech and Tianzhou New Energy plan to bring 1 million metric tons of sustainable aviation fuel production online in the next 18 as the world’s second largest aviation market seeks to decarbonize. That new production would account for about 2.5% of the country’s aviation fuel demand. Much of these plants would rely on used cooking oil as feedstock, helping to absorb much of the UCO being imported by the US and EU that is causing market fluctuations in those countries.