GS Caltex will supply sustainable aviation fuel (SAF) to the global logistics provider DHL Express, marking a further expansion of its SAF supply activities.
The two companies signed a memorandum of understanding to establish a “partnership for carbon reduction based on sustainable aviation fuel” on September 8 at GS Tower in Gangnam, Seoul.
Under the agreement, GS Caltex will supply SAF to aircraft operated by DHL Express that refuel in Korea over the next year. The total volume to be supplied to DHL Express is equivalent to 2,000 tons of Neat SAF (100% SAF).
The SAF to be supplied by GS Caltex to DHL Express is produced through a co-processing method and is ISCC EU certified in compliance with the European Union’s Renewable Energy Directive.
GS Caltex plans to expand SAF production and supply to airlines as market demand grows.
A GS Caltex spokesperson said: “Through the SAF supply agreement with DHL Express, we have taken another step toward expanding the SAF customers,” adding, “We will continue to expand the SAF business and other areas of our biofuel business in response to market demand.”
Beyond its supply to DHL Express, GS Caltex has continued to produce and supply SAF in response to developments in the global fuel market and government policies.
