In Finland, AM Green Technology and Solutions B.V. has announced the signing of binding agreements to acquire Chempolis Oy and Fortum 3 B.V. entities. AM Green will establish large-scale bio refineries that utilize multiple feedstocks and produce green products enabling global decarbonization in aviation, fuels, chemicals and other industrial sectors. Chempolis’s technology will enable the […]
In California, Twelve announced it has raised a total of $645 million in funding. The firm noted that this raise is a strategic mix of capital which includes $400 million in project equity led by TPG Rise Climate, $200 million in Series C financing, and an additional $45 million in credit facilities from leading funders […]
In France, TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel to Air France-KLM Group airlines over a 10-year period. This agreement marks one the largest SAF purchase contracts signed by Air France-KLM to date. In 2022 and 2023, Air France-KLM was […]
In Indonesia, PT Pertamina said it collaborated with Airbus to explore opportunities for Indonesia’s sustainable aviation fuel ecosystem development. The collaboration between Pertamina and Airbus was marked by a Memorandum of Understanding (MoU) signing during the Bali International Air Show 2024 at Ngurah Rai International Airport, Bali. This agreement forms the foundation of Pertamina and […]
In Korea, AJP reported that Korean oil refiner S-Oil Corp has signed a memorandum of understanding (MOU) with low cost airline T’way Air to supply sustainable aviation fuel (SAF) and collaborate on joint marketing initiatives. Under the terms of the agreement, S-Oil will provide SAF for T’way Air’s commercial flights to Japan starting this month, […]
In Korea, AJP reported that GS Caltex has exported sustainable aviation fuel to Japan. The company supplied about 5,000 kiloliters of SAF, blended with conventional aviation fuel, to Narita Airport in Japan through Itochu Corp. The report noted that the shipment marked the first commercial-scale sale of CORSIA SAF by a Korean refiner, certified by […]
In China, China Daily reported that China’s first self-developed narrow-body jet C919 conducted its first commercial flight powered by sustainable aviation fuel from Beijing Daxing International Airport to Shanghai Hongqiao International Airport. The report noted that the Beijing Daxing-Shanghai Hongqiao flight is among the four routes in which China Eastern plans to operate SAF-powered commercial […]
In the UK, Riviera reported that German LNG terminal operator Deutsche ReGas has completed the front-end engineering and design phase for its planned hydrogen hub in Lubmin. The project, known as H2-Hub Lubmin, started in September 2023. Deutsche ReGas has signed an agreement in principle with Norwegian company Höegh LNG to realize a floating hydrogen […]
In Illinois, Development Specialists (DSI) is marketing for sale the assets of Fulcrum Sierra BioFuels, LLC and Fulcrum BioEnergy. Fulcrum is a clean energy company in the renewable fuels sector, focusing on converting municipal solid waste (MSW) into low-carbon transportation fuels, including sustainable aviation fuel and renewable diesel. Fulcrum’s proprietary process combines gasification and Fischer-Tropsch […]
In Indonesia, Antara reported that Virgin Australia has become the first international airline to use the sustainable aviation fuel produced by Indonesia’s state-owned energy company Pertamina. “The first SAF delivery at Ngurah Rai Airport signifies that Indonesia can adapt to the energy mix demands in the international aviation industry, where SAF is currently a medium-term […]
