DHL and Sasol join hydrogen firm HH2E on sustainable jet fuel project
GERMAN logistics giant DHL is teaming up with energy firm HH2E and South African petrochemicals firm Sasol on the expansion of sustainable aviation fuel (SAF) production in Germany, HH2E said on Monday (Sep 25).
The companies have signed an agreement to set up a joint initiative to build potential production capacities for SAFs based on green hydrogen, or eSAFs, somewhere in eastern Germany, HH2E said in a statement.
They plan production of at least 200,000 tonnes per year, with the potential to scale up to 500,000 tonnes per year, it added.
Aircraft manufacturer Airbus also intends to join the consortium to use the jet fuel, according to the statement.
The agreement came as industry met in Hamburg for the National Aviation Conference, where German Chancellor Olaf Scholz spoke of the importance of expanding SAF production in order to meet EU climate targets.
The companies’ goal is to realise an eSAF production in Germany by 2030, the statement said, adding that they would immediately specify the technical and financial planning, as well as the financing and definition of the regulatory framework.
Sasol, the world’s biggest producer of fuels and chemicals from coal and gas, is working to cut its emissions by 30 per cent by 2030 and has agreed a SAF joint venture with Danish decarbonisation company Topsoe. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
OCBC mobile, online banking services restored after Friday afternoon disruption
SGX CEO Loh Boon Chye to step down; succession planning under way
Waymo founder predicts ‘landslide’ robotaxi adoption in Singapore, driven by high car costs
Vietnam’s northern provinces, not Hanoi or Ho Chi Minh City, are powering near 10% GDP growth