Marubeni Corporation recently announced that it has signed a Memorandum of Understanding (MOU) with Japan Airlines, Mitsubishi Chemical Corporation, China Timber Corporation, The Boeing Company, and the Ohayashi Group to initiate a pre-commercialization pre-feasibility study for the manufacture and sale of Sustainable Aviation Fuel (SAF), Bio-Naphtha and Renewable Diesel using forest residues in Japan. The […]
Global Clean Energy Holdings Inc., which owns a renewable diesel plant in Bakersfield, California, announced on April 16 that it has entered into a restructuring support agreement (RSA) with its principal creditor, Vitol Americas Corp. Vitol, as lender on the revolving line of credit and representative of the interim term loan group, controls approximately 96% […]
The European Biodiesel Board (EBB) on April 14 welcomed the EU’s move to combat Annex IX biofuel fraud and supported the Sustainability Committee’s specific discussions on the issue, emphasizing that fraud not only threatens the survival of the entire industry, but also undermines the validity of sustainability certification schemes and the EU’s climate goals. The […]
According to Bloomberg, BP has decided to suspend its Sustainable Aviation Fuel (SAF) production expansion project at its Castellón refinery in Spain. The project was originally part of BP’s $2.2 billion decarbonization plan announced in 2023 to promote low-carbon fuels. Sources familiar with the matter said that BP made the adjustment mainly because the SAF […]
On April 9, Aviation LLC, a subsidiary of Kazakhstan’s National Oil Company (NOC), LanzaJet, a sustainable aviation fuel (SAF) technology company, and KazFoodProducts LLP (KFP), an agro-industrial holding company, formally signed an agreement to initiate a feasibility study for the construction of an SAF plant in Kazakhstan. The pre-feasibility study for the project was successfully […]
Neste Corp., a producer of renewable diesel and sustainable aviation fuel (SAF), announced April 9 that it has begun producing SAF at its biorefinery in Rotterdam, the Netherlands. The refinery has been retrofitted to produce up to 500,000 tons of SAF per year, or approximately 165 million gallons. As a result, Neste’s global SAF production […]
April 7 – Thai Industry Minister Mr. Akanat Promphan has announced that Thailand is accelerating the localization of Sustainable Aviation Fuel (SAF) production, with a focus on using Used Cooking Oil (UCO) as the primary feedstock. To this end, the Department of Industrial Promotion (DIPROM) has signed a Memorandum of Understanding (MoU) with Bangchak Corporation […]
U.S. Secretary of Agriculture Brooke Rollins announced a $537 million investment in 543 biofuel infrastructure projects across 29 states, under the Higher Blends Infrastructure Incentive Program (HBIIP). This initiative supports President Trump’s 20th executive order, focused on expanding domestic energy production and strengthening rural economies. Announced at Elite Octane LLC in Atlantic, Iowa—home to one […]
India’s leading energy company, Indian Oil Corporation (IOC), is poised to introduce its first batch of Sustainable Aviation Fuel (SAF) by March next year, according to a report by Business Line. Utilizing an innovative co-processing method, IOC aims to rapidly advance SAF availability ahead of government mandates. The Indian government has established an indicative target […]
Japanese energy powerhouse ENEOS Corporation has just unveiled a groundbreaking sustainable aviation fuel (SAF) agreement with American Airlines—marking the first-ever SAF procurement by the U.S. carrier within Japan. Under this innovative pact, American Airlines will power its Haneda-to-New York flights using SAF, signaling a significant step toward reducing carbon emissions in the aviation industry. In […]