In Utah, -CleanJoule announced that its CycloSAF product has formally started ASTM International’s D4054 process for qualification to be blended with conventional Jet A/A-1. The ASTM International process ensures CleanJoule’s CycloSAF meets the organization’s identified set of properties to ensure compatibility with airframes and engines when blended with conventional jet fuel. CleanJoule’s CycloSAF synthetic blending […]
In Malaysia, The Star reported that the International Air Transport Association (IATA) urged the Malaysian government to consider introducing incentives or tax credits in the upcoming Budget 2025 to support Malaysia’s emerging sustainable aviation fuel industry. IATA’s regional vice-president for North Asia and Asia Pacific Xie Xingquan, said long-term government support and stable policies for […]
In China, Dialogue Earth reported that China has launched a SAF pilot project that will see 12 flights officially burn SAF in its first phase this year. The report noted that the 12 pilot flights will be operated by Air China, China Eastern Airlines, China Southern Airlines and involve airports in Beijing, Chengdu, Zhengzhou, and […]
In Florida, Miami International Airport (MIA) reported that World Fuel Services, a World Kinect company headquartered in Miami, Florida, and DHL Express, have entered into a new commercial agreement for the delivery of blended SAF to Miami International Airport. Under the terms of the agreement, World Fuel will deliver approximately 60 million gallons of blended […]
In Delaware, Future Market Insights reported that the global SAF market is projected to witness extraordinary growth in the coming decade, driven by the increasing demand for greener aviation solutions. The research firm noted that the global SAF market is forecast to expand from $563.2 million in 2023 to $61.92 billion by 2033, at a […]
1. There used to be a lot of excitement around Planet X in days gone by, but it’s nothing like the excitement around Planet Twelve these days, or rather the company known as Twelve. They’ve done something rather unusual for the bioeconomy. 2. For many, the usual script calls for stalling on technology development or […]
In Germany, Lufthansa Cargo said it will include the rising costs of sustainable aviation fuel from January 1, 2025 due to regulatory environmental requirements in the price index of its existing Airfreight Surcharge (ASC). “SAF is a crucial technological key to more sustainable flying and is essential for the energy transition in aviation. However, the […]
In Finland, AM Green Technology and Solutions B.V. has announced the signing of binding agreements to acquire Chempolis Oy and Fortum 3 B.V. entities. AM Green will establish large-scale bio refineries that utilize multiple feedstocks and produce green products enabling global decarbonization in aviation, fuels, chemicals and other industrial sectors. Chempolis’s technology will enable the […]
In California, Twelve announced it has raised a total of $645 million in funding. The firm noted that this raise is a strategic mix of capital which includes $400 million in project equity led by TPG Rise Climate, $200 million in Series C financing, and an additional $45 million in credit facilities from leading funders […]
In France, TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel to Air France-KLM Group airlines over a 10-year period. This agreement marks one the largest SAF purchase contracts signed by Air France-KLM to date. In 2022 and 2023, Air France-KLM was […]
