Cosmo Signs SAF Supply Deal with Starlux Airlines

Cosmo Oil Marketing, a subsidiary of Cosmo Energy Holdings, has signed a basic agreement with Starlux Airlines to promote sustainable aviation transport through the supply of Sustainable Aviation Fuel (SAF).

The SAF involved under this agreement was commercialized with subsidies from the New Energy and Industrial Technology Development Organization (NEDO) in 2021, aiming to establish a domestic supply chain model using waste cooking oil in Japan.

Cosmo Energy highlights that this SAF is the first domestically produced and mass-produced SAF in Japan, certified under ISCC CORSIA and ISCC EU standards. The fuel will be produced by SAFFAIRE SKY ENERGY LLC, a joint venture between Cosmo Oil, JGC Holdings, and REVO International. Supply to Starlux Airlines at Kobe Airport is scheduled to begin in fiscal year 2025 through the Cosmo Energy Group.