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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
In Korea, AJP reported that Korean oil refiner S-Oil Corp has signed a memorandum of understanding (MOU) with low cost airline T’way Air to supply sustainable aviation fuel (SAF) and collaborate on joint marketing initiatives. Under the terms of the agreement, S-Oil will provide SAF for T’way Air’s commercial flights to Japan starting this month, […]
In Korea, AJP reported that GS Caltex has exported sustainable aviation fuel to Japan. The company supplied about 5,000 kiloliters of SAF, blended with conventional aviation fuel, to Narita Airport in Japan through Itochu Corp. The report noted that the shipment marked the first commercial-scale sale of CORSIA SAF by a Korean refiner, certified by […]
