United agrees deal for 1 billion gallons of SAF
Cemvita Corporation announced an offtake arrangement with United Airlines for up to 1 billion gallons of sustainable aviation fuel (SAF) from Cemvita’s first full-scale SAF plant. Under the agreement, signed by Cemvita and United Airlines, Cemvita will supply United Airlines up to 50 million gallons annually for 20 years of SAF.
“Since our initial investment last year, Cemvita has made outstanding progress, including opening their new pilot plant – an important step towards producing sustainable aviation fuel,” said United Airlines ventures president Michael Leskinen.
“United is the global aviation leader in SAF production investment, but we face a real shortage of available fuel and producers. Cemvita’s technology represents a path forward for a potentially significant supply of SAF and it’s our hope that this offtake agreement for up to one billion gallons is just the beginning of our collaboration.”
Commercialised SAF is currently made from used cooking oil and agricultural waste. Cemvita’s technology has the potential to provide more reliable feedstock production with minimal land, water, and electricity needs.
“Biology is capable of truly amazing things,” said Moji Karimi, CEO of Cemvita. “Our team of passionate, pioneering, and persistent scientists and engineers are on a mission to create sustainable BioSolutions that redefine possibilities.”
United has aggressively pursued strategic investments in SAF producers and revolutionary technologies, including carbon capture, hydrogen-electric engines, electric regional aircraft, and air taxis.
This year, United launched its UAV Sustainable Flight FundSM, a first-of-its-kind investment vehicle that is designed to leverage support from cross-industry businesses to support start-ups focused on decarbonising air travel through SAF research, technology, and production.
Source Link:https://biofuels-news.com/news/united-agrees-deal-for-1-billion-gallons-of-saf/
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