In Brazil, Aviacionline reported that the Brazilian federal government announced the launch of a call for business plans focused on developing sustainable aviation and marine fuels. The call, with an investment of nearly $1 billion, aims to promote the creation of biorefineries in Brazil, with resources provided by the National Bank for Economic and Social […]
In California, Prophecy Market Insights reported that the global sustainable aviation fuel market is projected to reach $1.1 billion in 2024. The report stated that the global SAF market is also forecasted to reach $3 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 11.6% during the forecast period (2024 – 2034). “Prominent […]
In Indonesia, Indonesia Business Post reported that local company PT Pertamina Patra Niaga, a subsidiary of state oil and gas company PT Pertamina, has strengthened its commitment to sustainability by securing the International Sustainability and Carbon Certification (ISCC) for its SAF under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and the Renewable […]
In the Philippines, DHL Express and Brother Industries (Philippines) have joined forces to deepen their commitment to reducing greenhouse gas (GHG) emissions through DHL Express’s GoGreen Plus service. By using this service and applying the book and claim methodology, Brother can achieve a 30% reduction in its annual GHG emissions associated with international parcels, DHL […]
In India, Coherent Market Insights reported that the global sustainable aviation fuel market size was valued at $460.1 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 61% from 2023 to 2030. “Increasing concerns regarding environmental pollution from greenhouse gas emissions of the aviation industry are expected to drive […]
In Ireland, RTE reported that Irish firm Trifol Resources has developed and patented a process to transform old plastic into sustainable fuel, including sustainable aviation fuel and wax. Trifol Resources is already up and running with two so-called “reactors”, or massive recycling machines, installed and operating since June at the former Bord Na Móna briquette […]
In China, Reuters reported that Chinese biofuel firm Zhejiang Jiaao Enprotech said its sustainable aviation fuel unit has entered an investment deal with BP. The report said that BP has agreed to invest a total of $49.56 million for a 15% stake in Lianyungang Jiaao Enproenergy Co, which is building a 500,000 ton per year […]
In India, Projects Today reported that Aether Industries has entered into a manufacturing agreement with Chemoxy International, a wholly-owned subsidiary of the Seqens Group. Under this contract, Aether will produce a series of natural bio-based products exclusively for Seqens over an initial period of three years. The production is expected to commence over the next […]
In Japan, Hamanaka Town, JA Hamanaka, Takanashi Milk Products, Hokkaido Gas, Mitsui O.S.K. Lines and MOL Sunflower announced the launch of a study on the production and utilization of biomethane from animal manure from local dairy farms in Hamanaka town, Hokkaido. “Liquefied natural gas (LNG) is currently being used as a low-carbon fuel alternative to […]
In New Jersey, AIN reported that DC Aviation has signed an agreement with global fuel provider AEG Fuels to replace a portion of its fleet emissions via a sustainable aviation fuel (SAF) book-and-claim agreement. The transaction will allow DC to offset its emissions from fuel consumption at Malta International Airport, according to the report. “We […]
