Sasol and Topsoe have signed a memorandum of understanding (MoU) with the intent to establish a 50/50 Joint Venture (JV) to develop sustainable aviation fuel solutions (SAF).
The JV will develop, build, own, and operate ventures producing SAF based on Sasol’s Fischer Tropsch technology and Topsoe’s relevant SAF technologies.
With aviation being responsible for 3% of global carbon emissions, low carbon solutions are urgently needed.
Roeland Baan, chief executive officer at Topsoe, said: “We are very excited to announce this MoU, as it underlines our ambition to help decarbonise some of the most critical sectors in the world. If we are to reach net zero on a global scale by 2050 in order to fight climate change, all solutions need to be put into play.
“Creating a low carbon aviation sector is an important piece of the puzzle, and we’re excited to extend our partnership with Sasol to help speed up decarbonisation. Combined, we have the technologies, capabilities and willingness to take the lead.”
Fleetwood Grobler, Sasol president and CEO, said: “Sasol is excited to enter into this MOU with Topsoe to further Sasol’s long-term global sustainable aviation fuel ambition, as advanced in recent years by Sasol ecoFT, which was established to pursue SAF opportunities globally.
“We are fundamentally transforming our business by focusing on decarbonising our operations, while preserving and growing value. The MoU is underpinned by decades of collaboration between our companies in technology development, commercialisation and operations. The combination of these building blocks and know how to offer solutions in aviation decarbonisation, is very exciting.”
The JV will produce SAF derived from non-fossil feedstock, utilising green hydrogen, sustainable sources of CO2 and/or biomass based on Sasol’s Fischer Tropsch and Topsoe’s relevant SAF technologies. These unique and complementary technologies offer multiple pathways to SAF production at scale.
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