In Ireland, Research and Markets reported that the sustainable aviation fuel market is projected to be valued at $131.12 billion by 2033 from $1.29 billion in 2023, growing at a CAGR of 58.78% Based on application, the sustainable aviation fuel market is led by the commercial aviation segment, with a 78.64% share in 2023, the […]
In Australia, a report released by Australia’s national science agency, CSIRO and Boeing Australia stated that the country has a moment-in-time opportunity to develop a sovereign sustainable aviation fuel industry, with domestic demand for jet fuel expected to increase by 75% by 2050. The Sustainable Aviation Fuel Roadmap builds consensus on developing an Australian sustainable […]
In Texas, Southwest Airlines said it has been named a 2023 Sustainability, Environmental Achievement, and Leadership (SEAL) Business Awards winner in the Environmental Initiative category for its investment in SAFFiRE Renewables, LLC (SAFFiRE1), a pilot project supporting the development and production of SAF. “For Southwest, SAF is the most critical lever we have to achieve […]
In New York, American Express Global Business Travel (Amex GBT) and Shell Aviation announced that Google has joined its sustainable aviation fuel program. Michael Terrell, Senior Director of Climate and Energy at Google, said: “The use of SAF will play a critical role in helping the aviation sector on its path to decarbonize. Joining Amex […]
In the UK, International Airlines Group (IAG) and Microsoft have signed a co-funded purchase agreement for SAF emissions reductions globally, where both parties are funding part of the cost of the supply. Microsoft will co-fund 14,700 tons of IAG’s SAF purchasing in 2023, enough to fully fuel approximately 300 British Airways Boeing 787 flights between […]
In India, Outlook India reported that Indian biofuels technology firm GPS Renewables has acquired Germany-based Proweps Envirotech, a design and engineering company that specializes in technologies to utilize municipal and industrial organic waste and for biogas production. According to the report, GPS Renewables has set up over 100 biogas plants across India. Meanwhile, Proweps’ flagship […]
In Spain, Cepsa said it will supply second-generation biofuels to Spanish firm Naviera Armas Trasmediterránea. In August, Naviera Armas Trasmediterránea ferries will make 84 trips across the Strait of Gibraltar using Cepsa’s second-generation biofuels. The biofuel is produced at Cepsa’s San Roque Energy Park, in Cadiz, from agricultural waste. The nearly 100 tons of renewable […]
In Germany, shipping line Hapag-Lloyd said it has entered into a partnership with DB Schenker for the purpose of decarbonizing supply chains. DB Schenker and Hapag-Lloyd have signed an agreement for emission-reduced container transports with a waste- and residue-based biofuel. By end of 2023, DB Schenker plans to claim approximately 3,000 metric tons of carbon […]
In California, Origin Materials and Sustainea Bioglycols, a joint venture between Braskem and Sojitz Corporation, announced a strategic partnership with the aim of advancing biobased materials produced using Origin’s technology platform and Sustainea’s biobased glycol products and market expertise. As part of the partnership, Sustainea signed two multi-year capacity reservation agreements to purchase renewable chemicals […]
In Vietnam, Saigon Giai Phong News reported that the cities of Hanoi and Ho Chi Minh are accelerating the implementation of waste-to-energy projects. The report noted that Hanoi will expedite the progress of the Thien Y waste-to-energy plant to ensure the incineration of the entire daily waste quantity of 5,500 tons deposited at the Nam […]
