In China, China Aviation Oil Group and Zhejiang Jiaao Environmental Protection recently held the signing ceremony of the SAF cooperation project capital increase and stock expansion agreement in Lianyungang.
China Aviation Oil has actively carried out technical research and development, marketing, standard setting, supply chain construction and other work in the SAF industry chain, and has successfully completed the first phase of the national civil aviation SAF application pilot. On August 19, the China Sustainable Aviation Fuel (SAF) Industry Alliance was established, and the first batch of 57 member units completed the accession contract, and China Aviation Oil was elected as the chairman unit, pushing the development of the domestic SAF industry to a new height.
China Aviation Oil will give full play to its leading role in the aviation energy field, fully support the development of Lianyungang Jiaao Company, and promote the construction of the second phase of 500,000 tons of waste oil processing SAF project in a timely manner, and strive to create a mutually beneficial and win-win model of central cooperation.
