Investment potential in Chinese biofuel plants producing SAF
Chinese biofuel producers plan to invest more than $1 billion (€0.9 billion) in the country’s first plants to turn waste cooking oil into sustainable aviation fuel (SAF), according to Reuters.
China is the world’s second largest aviation market and the announcement of its policy on SAF use for 2030 could lead to billions of dollars of investment in the sector, it was reported.
Chinese biofuel firms in China are planning to start up plants over the next 18 months to produce a total of more than 1 million tonnes/year of SAF.
Once operational, the projects would use up supplies of used cooking oil (UCO) feedstock that China currently exported.
The companies included Junheng Industry Group Biotech, Zhejiang Jiaao Enprotech and Tianzhou New Energy.
Last year, China exported a record 2.05 million tonnes of UCO, mostly to the US and Singapore, and also supplied feedstock to biofuel refiners such as Finnish firm Neste.
The @IowaBiodiesel Board and @Iowa_Soybean Association joined Pilot Travel Centres, @PepsiCo and @Optimus_Technologies to celebrate the launch of a new B99 biodiesel pump for fleets.
https://biofuels-news.com/news/iowa-expands-b99-biodiesel-for-commercial-trucking/
#biofuels #biodiesel #trucking #B99 #success #fleets
Annecy Haute-Savoie Mont-Blanc airport, operated by VINCI Airports, has taken a new step in its environmental strategy by providing sustainable aviation fuel (SAF) thanks to a new fuelling contract with @TotalEnergies.
https://biofuels-news.com/news/vinci-airports-offers-saf-at-mont-blanc-airport/
#biofuels #SAF
All #petrol #vehicles taking part in this year’s @FormulaStudent #competition will use #SUSTAIN #biofuels.
https://biofuels-news.com/news/sustain-builds-on-race-winning-success-at-formula-student-with-biofuels/
#karting #biofuels #motorsport #biodiesel #UCO
We use cookies to enhance your browsing experience and enable essential functions on our website. Some cookies are categorised as "Necessary" are automatically stored on your browser as they are crucial for the basic operation of the site - they can no be adjusted using these tools. Additionally, we use third-party cookies to help us analyse your usage of the website. These cookies are stored in your browser only with your prior consent. You have the option to enable or disable some or all of these cookies.
Statistical or analytical cookies are used to gain insights into how visitors interact with the website. These cookies collect data on metrics like visitor count, bounce rate, traffic sources, and more, helping us understand and improve site performance.
Advertisement cookies deliver personalised ads based on the pages you previously visited and help analyse the effectiveness of ad campaigns.