In California, Prophecy Market Insights reported that the global sustainable aviation fuel market is projected to reach $1.1 billion in 2024. The report stated that the global SAF market is also forecasted to reach $3 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 11.6% during the forecast period (2024 – 2034). “Prominent […]
In Indonesia, Indonesia Business Post reported that local company PT Pertamina Patra Niaga, a subsidiary of state oil and gas company PT Pertamina, has strengthened its commitment to sustainability by securing the International Sustainability and Carbon Certification (ISCC) for its SAF under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and the Renewable […]
In the Philippines, DHL Express and Brother Industries (Philippines) have joined forces to deepen their commitment to reducing greenhouse gas (GHG) emissions through DHL Express’s GoGreen Plus service. By using this service and applying the book and claim methodology, Brother can achieve a 30% reduction in its annual GHG emissions associated with international parcels, DHL […]
In India, Coherent Market Insights reported that the global sustainable aviation fuel market size was valued at $460.1 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 61% from 2023 to 2030. “Increasing concerns regarding environmental pollution from greenhouse gas emissions of the aviation industry are expected to drive […]
In Ireland, RTE reported that Irish firm Trifol Resources has developed and patented a process to transform old plastic into sustainable fuel, including sustainable aviation fuel and wax. Trifol Resources is already up and running with two so-called “reactors”, or massive recycling machines, installed and operating since June at the former Bord Na Móna briquette […]
In China, Reuters reported that Chinese biofuel firm Zhejiang Jiaao Enprotech said its sustainable aviation fuel unit has entered an investment deal with BP. The report said that BP has agreed to invest a total of $49.56 million for a 15% stake in Lianyungang Jiaao Enproenergy Co, which is building a 500,000 ton per year […]
In Washington DC, the Federal Aviation Administration (FAA) announced $291 million from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050 as part of the US Government’s Investing in America Agenda. “The Biden-Harris Administration is committed to enhancing the safety, sustainability and efficiency […]
In Illinois, LanzaTech Global and LanzaJet announced a new project with Australia’s Wagner Sustainable Fuels to evaluate equipping Wagner’s Brisbane SAF Refinery with the CirculAir platform. The CirculAir platform is LanzaTech and LanzaJet’s joint technology solution that converts waste carbon and renewable power into Sustainable Aviation Fuel (SAF). In addition to securing a commercial partnership […]
In Australia, Boeing said it has become an early investor in Wagner Sustainable Fuels to support the development of its sustainable aviation fuels (SAF) production facility in Brisbane. Boeing said its investment in the Wagner refinery is part of its strategy to support development of local SAF supply and expand global access to SAF. “We’re […]
In Norway, waste-to-clean fuels company Mana, research institution NORCE, and energy company Equinor announced signing of a Memorandum of Understanding (MoU) with the ambition to develop a waste-to-SAF plant at Mongstad on the western coast of Norway. The SAF facility will transform non-recyclable waste into clean fuel for the aviation industry, said Mana. “We are […]
