In Tennessee, Trillium Renewable Chemicals announced it has raised a $10.6 million Series A financing round. The company said that the first closing totaled $5.5 million and was led by Hyosung Advanced Materials Corporation. Current investor Capricorn Partners also participated. HELM AG has agreed to join the Series A round to bring the total to […]
In Switzerland, Reuters reported that Willie Walsh, Director General of the International Air Transport Association said that airline passengers face higher ticket prices as the industry moves towards its target of reducing emissions to net zero by 2050. The executive also called for swifter action in Europe to drive up scarce production of sustainable aviation […]
In Mexico, Aviacion News reported that the main aviation companies and associations in Mexico called on the country’s academy and research institutions to submit proposals on ways to accelerate the production and scalability of SAF in the country. According to the report, interested parties will have time to submit their proposals until January 31, 2023. […]
In Switzerland, the International Air Transport Association (IATA) estimated that SAF production will reach at least 300 million liters in 2022, representing a 200% increase compare to SAF production last year. IATA also noted that more optimistic calculations estimate total production in 2022 could reach 450 million liters. “There was at least triple the amount […]
In Australia, the government of Queensland stated it is accelerating plans to make Queensland the capital of a local sustainable aviation fuels industry. Deputy Premier and Minister for State Development Steven Miles said a roundtable was held on November 25 bringing together key industry players to launch a pathway for Queensland to capitalize on the […]
In the United Arab Emirates, AIN Online reported that Middle East firm World Fuel Services is seeing a growing interest regarding sustainability and sustainable aviation fuel in the Middle East. “I think it’s definitely increasing from the perspective that we are getting asked about it regularly,’” said Riyan Qirbi, World Fuel’s director of market development […]
In Chicago, Reuters reported that global grain merchant Archer Daniels Midlands (ADM) is seeing the commercialization of its sustainable aviation fuel efforts coming online around 2026. “SAF in terms of reality to come online, at least for us, is going to be in the 2026 type of time frame,” said ADM’s Chief Financial Officer Vikram […]
In Missouri, Brownfield reported that the head of Nebraska Farm Bureau said the Governor’s recent trade mission to Japan could create new markets for SAF. The trade mission had a meeting with the head of one of Japan’s airlines who show interest in tapping into Nebraska’s soybean market. “It’s hard to quantify what or if […]
In Brazil, EPBR reported that biotechnology company Geo Biogás & Tech will invest $2.8 million in a pilot plant for the production of aviation bio-kerosene in biogas generation units in Paraná state. The demonstration project will have an initial manufacturing capacity of 660 liters per day, according to the report. The goal of the initiative […]
In France, Airbus said that a group of aerospace technology companies have announced the formation of a collaborative consortium to develop hybrid-electric and water-enhanced turbofan technology for future aircraft propulsion systems, supported by the European Union Clean Aviation Joint Undertaking (Clean Aviation). MTU Aero Engines AG (MTU), Pratt & Whitney, Collins Aerospace (Collins), GKN Aerospace, […]
