In Canada, Provectus Biofuels announced it has signed a Letter of Intent with the Town of Vegreville to develop a biofuel facility that will convert the abundant wheat straw feedstock available in the area into Renewable Jet Fuel (RJF).
Through this collaboration, Provectus aims to repurpose wheat straw into high-value low-carbon jet fuel providing a new revenue stream for farmers – turning an underutilized non-food agricultural byproduct into a profitable commodity that is already in high demand by the aviation industry.
“We are excited to partner with the Town of Vegreville to advance a sustainable solution that benefits farmers, strengthens local economies, and supports a greener future for air travel,” said Jon Jaque, CEO of Provectus. “This initiative not only aligns with provincial and federal climate and energy objectives, it also fills a growing and unmet need among North American airlines that are actively pursuing initiatives to decarbonize. Utilising wheat straw as an input to produce Renewable Jet Fuel offers a compelling opportunity to translate this non-food byproduct into an economic benefit for rural communities, while playing a vital role in decarbonizing air travel.”
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