The Business Times
business-time-50

Can sustainable aviation fuel solve airlines’ ESG problem?

Airlines claim there is not enough supply and suppliers claim there is not enough demand. Meanwhile, the cost is still too prohibitive and the actual impact still debatable.

google-preferred-sourceAdd BT as a preferred source
Tay Peck Gek

Tay Peck Gek

Published Fri, May 27, 2022 · 12:30 PM
    • The industry is currently producing only 200,000 tonnes or 240 million litres of SAF a year: less than 0.1 per cent of the jet fuel consumed a year.
    • The industry is currently producing only 200,000 tonnes or 240 million litres of SAF a year: less than 0.1 per cent of the jet fuel consumed a year. BT ILLUSTRATION: SIMON ANG

    FINNISH company Neste is putting Singapore on the global map for sustainable aviation fuel (SAF) with a plant that will make Singapore the world’s largest SAF-producing country in 2023.

    The refinery in Tuas will be capable of rolling out 1 million tonnes a year. It will also dramatically increase the current capacity of Neste, which is already the world’s largest SAF producer at 100,000 tonnes a year.

    Including its Rotterdam plant, Neste will boast a total capacity of 1.5 million tonnes or about 1.8 billion litres of biofuel for the aviation industry by the end of 2023.

    BrunchAviationESG

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The exterior (left) and interior (right) views of Waterwall House, featuring glass interfaces, open voids, split levels and raw concrete walls.

    Rare brutalist Singapore house opens to the public before changing hands

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More