Sustainable Aviation Fuel
Update: Montana Renewables receives first drawdown from $1.44-B DOE loan facility
Calumet Inc. has announced that Montana Renewables LLC (MRL), an unrestricted subsidiary of Calumet, has received its first drawdown of approximately $782 MM from its $1.44-B guaranteed loan facility with the U.S. Department of Energy (DOE) Loan Programs Office (LPO). The loan funds the construction and expansion of the renewable fuels facility owned by Montana Renewables.
Study confirms biomass can meet 20% of carbon demand in chemicals sector by 2050
A new study commissioned by the Renewable Carbon Initiative (RCI) and the Biobased Industries Consortium (BIC) reveals that meeting 20% of the total global carbon demand of the chemicals and derived materials sector by 2050 from biomass is achievable and sustainable.
Toyo-Malaysia secures OSBL project to support SAF production facility at Pengerang, Johor, Malaysia
The Pengerang Integrated Complex is currently constructing a biorefinery plant to produce sustainable aviation fuel, with Toyo-Malaysia entrusted with the engineering, procurement, construction and commissioning of the OSBL facilities.
Gevo, Axens form alliance to accelerate SAF commercialization
Gevo, Inc. and Axens have formed a new strategic alliance to accelerate the development and commercialization of sustainable aviation fuel using the ethanol-to-jet pathway.
Magnon project in Huelva to capture biogenic CO2 to produce renewable fuels
Magnon Green Energy, the Ence Group’s energy subsidiary, is promoting a pioneering project for the capture and recovery of biogenic carbon dioxide (CO2) at its biomass-based renewable electricity generation plant in Huelva, Spain.
Honeywell, AM Green collaborate to advance carbon capture and sustainable aviation fuel In India
Honeywell and AM Green signed a memorandum of understanding during India Energy Week 2025 to assess the techno-economic feasibility of producing sustainable aviation fuel from ethanol, green methanol from various carbon dioxide emission sources, and green hydrogen.
Trump administration approves SAF refinery loan
President Donald Trump’s energy department said on Tuesday it approved the disbursement of a loan guarantee that had been finalized days before he took office to Calumet for the expansion of a sustainable aviation fuel (SAF) refinery in Montana.
Wood confirms ADNOC Refining’s capability to produce lower carbon aviation fuel
Wood has confirmed ADNOC Refining’s capability to produce lower carbon aviation fuel, paving the way for its future alignment with International Civil Aviation Organization’s Carbon Offsetting and Reduction Scheme for International Aviation
Power2X awards Worley contract for its 250,000-tpy eFuels Rotterdam project
Power2X has contracted Worley to provide engineering and project management services for its eFuels Rotterdam project–a world-scale production facility for sustainable aviation fuel and ultra-low carbon fuels.
Gevo completes acquisition of Red Trail Energy assets in North Dakota
Gevo has acquired the ethanol production plant and carbon capture and sequestration (CCS) assets of Red Trail Energy, LLC for an aggregate purchase price of $210 MM, subject to customary adjustments, including a working capital adjustment.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
