SOURCE: International Air Transport Association
April 3, 2025
BY International Air Transport Association
Advertisement
Advertisement
The USGC’s office in Beijing in March organized a set of meetings aimed at assessing demand for SAF. USGC Director in China Manuel Sanchez led the team that included USGC Program Manager Ellie Yan and USGC Regional Ethanol Consultant Aaron Goh.
IAG and Microsoft are extending their 2023 co-funded purchase agreement for SAF by five years. The SAF used under the agreement will be produced by Phillips 66’s Humberside refinery and LanzaJet’s facility in the U.S.
Varo Energy, a European energy company based in Switzerland, on March 31 announced an agreement to acquire Preem, a Sweden-based petroleum and biofuels company that is developing additional renewable diesel and SAF capacity.
U.S. operatable biofuels capacity increased slightly in January, with gains for ethanol, according to the U.S. EIA’s Monthly Biofuels Capacity and Feedstock Update, released March 31. Feedstock consumption was down when compared to December.
Gevo Inc. CEO Patrick Gruber discussed the company’s proposed sustainable aviation fuel (SAF) project in South Dakota during a fourth quarter earnings call, held March 27, indicating financial close could be achieved by year-end.