Coalition teams up to develop SAF and renewable diesel in Australia

July 30, 2024 |

In Australia, industry super-owned global fund manager IFM Investors, GrainCorp and Australia’s largest transport energy provider Ampol have signed a three-way Memorandum of Understanding to explore the establishment of an integrated renewable fuels industry in Australia.

As the initial priority under the MOU, Ampol and IFM will progress the feasibility assessment of a renewable fuels facility at Ampol’s Lytton Refinery in Brisbane and work with GrainCorp to explore the supply of homegrown feedstocks, including additional crushing capacity to supply canola oil, to the future plant.

The announcement builds on the existing feasibility work conducted by each of the parties to develop feedstock supply and production capacity of renewable fuels, including Sustainable Aviation Fuel (SAF) and Renewable Diesel (RD) in Australia.

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Category: Fuels

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