In South Korea, a new report by the Institute for Energy Economics and Financial Analysis highlights the importance of developing a domestic sustainable aviation fuel supply chain and addressing associated challenges and risks for South Korea to capitalize on market opportunities. South Korea, the world’s largest exporter of jet fuel, has implemented an SAF mandate, […]
In Pakistan, the Asian Development Bank and SAFCO Venture Holdings Limited signed a landmark $86.2 million financial package to finance the construction and operation of a sustainable aviation fuel (SAF) facility in Sheikhupura, Pakistan, the first private sector-led SAF initiative in Asia and the Pacific. The financing includes $41.2 million from ADB’s ordinary capital resources […]
In Florida, Avfuel Corporation announced the first delivery of blended sustainable aviation fuelout of Port Everglades as Naples Aviation accepted Avfuel’s delivery of SAF on December 10, 2024. It marked the fuel supplier’s first network location to commit to consistent SAF inventory out of this new supply point. It proved to be a monumental moment […]
In Ireland, ITTN reported that the chief economist of the International Air Transport Association (IATA) Marie Owens-Thomsen said that the costs associated with transitioning to greener SAF could put many airlines out of business, if government funding aid is not included. Owens-Thomsen told last week’s Airlines 24 industry conference in London that the huge jump […]
In Finland, Finnish technology company Liquid Sun said it has secured nearly $4.2 million in funding, which will drive the company to initiate Finland’s first eSAF production testing facility. “Securing significant funding and oversubscribing the investment round in such a challenging market situation demonstrates that Liquid Sun has proven in a very short time to […]
In the UK, easyJet, Braathens Renavia, in partnership with Mana Group and World Fuel Services, announced the signing of a Memorandum of Understanding today for the long-term supply of sustainable aviation fuel for easyJet’s operations in Europe and the UK. The agreement supports the airline’s decarbonisation strategy and is expected to give easyJet access to […]
In Colombia, Portafolio reported that the director of the country’s Civil Aeronautics, Sergio Paris, presented a significant advance in Colombia’s efforts to produce a more sustainable fuel for aviation. During his speech, at the annual congress of the Colombian Chamber of Infrastructure (CCI), Paris addressed the progress in the implementation of SAF. According to Paris, […]
In the Netherlands, North Sea Port and Ghent-based Terra Mater said they are collaborating with the Brazilian group Petrom to produce sustainable aviation fuel and basic chemicals. Terra Mater will utilize its proprietary 2X Alcohol-to-Jet technology, developed in Ghent, for this venture. Under the agreement, Petrom, a major Brazilian petrochemical group, will supply Terra Mater […]
In Denmark, Lufthansa Cargo and A.P. Moller – Maersk have signed an agreement to promote the decarbonization of airfreight through the use of SAF. Lufthansa Cargo will use 400 metric tons of SAF on behalf of Maersk in the remainder of 2024. The expected reduction of CO2 emissions corresponds to at least 1,200 metric tons. […]
In Latvia, LSM reported that the first renewable fuel production plant in the Baltic region is to be established in the Port of Riga, Latvia, in cooperation with investors from Ukraine. The main raw material for the production of renewable fuels will be vegetable oils. The Port of Riga will produce hydrotreated vegetable oils (HVO) […]
