bp has decided to pause its plan to produce sustainable aviation fuel (SAF) at its Castellon refinery in eastern Spain - citing slower-than-expected growth in the market.
The project was part of a broader €2 billion decarbonisation push at the site, announced in 2023.
The decision reflects broader uncertainty in the emerging clean jet fuel industry, where demand and policy support have not kept pace with initial expectations, Reuters reported.
While the Castellon expansion is on hold, the oil company still has an eye on future biofuels growth.
According to a Bloomberg report, the company continues to consider an expansion at its Rotterdam facility, with a final investment decision expected by 2027 if the economics support it.
The agenda for the @biofuelsmag conference and SAF Summit has been confirmed. There will be some great speakers from a wide range of companies who will be speaking at the event on June 24-25 in Brussels. To view the agenda visit: https://biofuels-news.com/free_copy_recent/
#biofuels #bioethanol
The #UK’s first sustainable aviation fuel handling terminal being developed. Read our feature about it.
https://biofuels-news.com/news/advanced-saf-technology-in-teesside-3/
#biofuels #SAF #aviation #sustainability
@biofuelsmag is proud to support the British Renewable Energy Awards as they return for their 20th edition on 12 June 2025. This milestone event celebrates the people and projects driving real progress in renewable energy.
https://www.r-e-a.net/events/british-renewable-energy-awards-2025/
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