Category: SAF

IATA urges Malaysian government to introduce incentives or tax credits in Budget 2025 to support SAF

IATA urges Malaysian government to introduce incentives or tax credits in Budget 2025 to support SAF

October 1, 2024 | Juan Pedro Tomas

In Malaysia, The Star reported that the International Air Transport Association (IATA) urged the Malaysian government to consider introducing incentives or tax credits in the upcoming Budget 2025 to support Malaysia’s emerging sustainable aviation fuel industry. IATA’s regional vice-president for North Asia and Asia Pacific Xie Xingquan, said long-term government support and stable policies for […]

China to pilot sustainable aviation fuel

China to pilot sustainable aviation fuel

October 1, 2024 | Juan Pedro Tomas

In China, Dialogue Earth reported that China has launched a SAF pilot project that will see 12 flights officially burn SAF in its first phase this year. The report noted that the 12 pilot flights will be operated by Air China, China Eastern Airlines, China Southern Airlines and involve airports in Beijing, Chengdu, Zhengzhou, and […]

World Fuel and DHL Express set to bring SAF to Miami International Airport

World Fuel and DHL Express set to bring SAF to Miami International Airport

October 1, 2024 | Juan Pedro Tomas

In Florida, Miami International Airport (MIA) reported that World Fuel Services, a World Kinect company headquartered in Miami, Florida, and DHL Express, have entered into a new commercial agreement for the delivery of blended SAF to Miami International Airport. Under the terms of the agreement, World Fuel will deliver approximately 60 million gallons of blended […]

Global SAF market to reach $61.9 billion by 2033, research finds

Global SAF market to reach $61.9 billion by 2033, research finds

October 1, 2024 | Juan Pedro Tomas

In Delaware, Future Market Insights reported that the global SAF market is projected to witness extraordinary growth in the coming decade, driven by the increasing demand for greener aviation solutions. The research firm noted that the global SAF market is forecast to expand from $563.2 million in 2023 to $61.92 billion by 2033, at a […]

12 reflections on Twelve, it’s monster $645M raise, the progress, the future

12 reflections on Twelve, it’s monster $645M raise, the progress, the future

September 29, 2024 | Jim Lane

1. There used to be a lot of excitement around Planet X in days gone by, but it’s nothing like the excitement around Planet Twelve these days, or rather the company known as Twelve. They’ve done something rather unusual for the bioeconomy. 2. For many, the usual script calls for stalling on technology development or […]

Lufthansa Cargo includes additional costs for SAF quotas in the price index of the Airfreight Surcharge

Lufthansa Cargo includes additional costs for SAF quotas in the price index of the Airfreight Surcharge

September 24, 2024 | Juan Pedro Tomas

In Germany, Lufthansa Cargo said it will include the rising costs of sustainable aviation fuel from January 1, 2025 due to regulatory environmental requirements in the price index of its existing Airfreight Surcharge (ASC). “SAF is a crucial technological key to more sustainable flying and is essential for the energy transition in aviation. However, the […]

AM Green Technology acquires Chempolis next-gen 2G biofuel technology

AM Green Technology acquires Chempolis next-gen 2G biofuel technology

September 24, 2024 | Juan Pedro Tomas

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 […]

Twelve announces $645 million in funding

Twelve announces $645 million in funding

September 24, 2024 | Juan Pedro Tomas

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 […]

Air France-KLM inks SAF offtake agreement with TotalEnergies

Air France-KLM inks SAF offtake agreement with TotalEnergies

September 24, 2024 | Juan Pedro Tomas

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 […]

Pertamina inks SAF collaboration with Airbus

Pertamina inks SAF collaboration with Airbus

September 24, 2024 | Juan Pedro Tomas

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 […]

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