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ENEOS enters MOU to establish feedstock supply for proposed SAF project

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By Erin Voegele

March 27, 2024

FeedstocksSustainable Aviation FuelsBusiness

Japan-based petroleum company ENEOS Corp. on March 22 announced that a coalition of Japanese and South Korean companies have entered an MOU to cooperate on feedstock for a SAF project ENOES is developing.

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Air New Zealand has launched a global open invitation to innovators and start-ups in the sustainable aviation fuel (SAF) sector to become a supply partner to the airline.

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U.K.-based SAF technology developer Velocys in February announced a new consortium of growth investors have infused the company with $40 million of growth capital as part of take-private transaction completed in January.

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Jet Zero Australia Pty Ltd and Trovio Operating Pty Ltd announced that they have entered a strategic partnership to design and develop the ‘Book and Claim’ Registry for Australian sustainable aviation fuel (SAF) and renewable diesel (RD).

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IAE International Aero Engines AG (IAE) announced it has successfully tested the V2500 engine with 100% sustainable aviation fuel (SAF) at MTU Maintenance Hannover, Germany.

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Researchers at the National Renewable Energy Laboratory Computational Science Center are hard at work enabling the conversion of biomass to fuels and products at industrial scale.

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Aemetis Inc. has announced approval by USCIS for $200 million of EB-5 program investment for the Riverbank SAF production plant, the dairy RNG project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant.

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US farm, biofuel leaders seek certainty on SAF

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By Growth Energy and Renewable Fuels Association

March 21, 2024

A multi-state coalition of biofuel leaders and farm advocates called on President Biden’s Treasury Department to swiftly resolve any questions standing in the way of efforts to scale up U.S. production of SAF.

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ABB has signed an agreement with Cap Clean Energy to collaborate on SAF production sites in Canada. As part of the MOU, ABB will explore how its automation, electrification and digital technology can optimize the biofuel facilities.

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World Energy LLC on March 18 announced it has been invited by the U.S. Department of Energy to submit the Part II Application for an approximately $2 billion loan guarantee to support a proposed SAF project.

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Sasol, the global chemicals and energy company, and Topsoe, leader in carbon emission reduction technologies, announced the successful launch of their joint venture, Zaffra, which will focus on the development and delivery of SAF.

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The Michigan Senate Committee on Energy and Environment on March 14 held a hearing to consider legislation introduced last year that aims to create a tax credit to support the purchase of sustainable aviation fuel (SAF).

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Dave Rubenstein, president and CEO of California Ethanol + Power, discusses development of the company’s proposed Sugar Valley Energy project, a sustainable aviation fuel (SAF) facility under development in California’s Imperial Valley.

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Ethanol Producer Magazine announced this week the preliminary agenda for the 2024 International Fuel Ethanol Workshop & Expo (FEW) taking place June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.

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Tidewater Renewables Ltd. on March 14 announced that its 3,000-barrel-per-day renewable diesel facility in Prince George, British Columbia, is currently operating at near nameplate capacity. Work is also progressing on proposed plans to produce SAF.

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Neste has merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working. Plans for the restructuring were announced last year.

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Natural Resources Canada on March 8 awarded $15 million to six clean fuel projects, including those focused on renewable natural gas (RNG), sustainable aviation fuel (SAF), and the use of wood biomass to produce renewable energy.

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Avfuel Corp. and Neste finalized a partnership extension that keeps the companies at the forefront of sustainable aviation fuel (SAF) supply for business aviation, cementing their leadership positions in the sustainable space.

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Aemetis Inc. released fourth quarter financial results on March 7, reporting the company achieved important milestones in its biodiesel, RNG, ethanol, SAF and carbon capture business segments last year.

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Gevo Inc. has reported that efforts are continuing to secure a U.S. DOE loan guarantee to support the construction of its proposed SAF facility. Gevo also reported that its RNG project in Iowa operated at 91% capacity during Q4.

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Following Ryanair’s purchase of 500 metric tons of sustainable aviation fuel (SAF) from OMV in October 2023, the airline on March 8 announced that it will take an additional 500 metric tons of SAF from OMV in 2024.

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SAF One, a platform focused on the development of global SAF solutions, announces the appointment of engineering firm Kent to carry out a technology licensing review for its first synthetic paraffinic kerosene (SPK) production plant.

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The U.K. government has opened a public comment period as part of its effort to avoid market manipulation caused by overlapping domestic and international incentives for sustainable aviation fuel (SAF) and other low carbon fuels.

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Aemetis Inc. on March 5 announced receipt of the Authority to Construct air permits for its planned sustainable aviation fuel (SAF) and renewable diesel (RD) production plant in Riverbank, California.

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Montana Renewables was recognized as the Groundbreaker of the Year and Jason Kessler, president at KESCO Inc., was presented with the Excellence in Bioenergy Award at the 17th Annual International Biomass Conference & Expo.

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Neste has launched its new emission reduction solution, Neste Impact, for businesses looking to reduce the carbon footprint of their air travel and transport activities. The solution is based on purchasing Neste MY Sustainable Aviation Fuel.

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A recent life cycle assessment highlights a notable 22% decrease in the carbon footprint associated with U.S. production of crude soy oil, which is a key feedstock for U.S. biodiesel, renewable diesel and SAF producers.

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Agriculture Secretary Tom Vilsack on March 1 announced a short-term delay in the release of the GREET model for sustainable aviation fuel (SAF), citing the need to get calculations for climate-smart agriculture right.

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Ag Secretary Tom Vilsack expressed confidence that the U.S. EPA will issue an emergency waiver to allow E15 to remain available this summer and discussed the USDA’s ongoing efforts with regard to SAF during a Feb. 28 congressional hearing.

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Sugar Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley has added New York-based TerraNova Capital Equities, Inc. to its finance team to lead marketing and placement of equity capital for the $1 billion project.

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