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Diving brief:
- Technology conglomerate based in Charlotte Honeywell, the Samsung engineering subsidiary, Samsung E&A, the chemical company Johnson Matthey and the chemical engineering company Gidara Energy gathered to create a strategic group of sustainable aviation fuel technology, announced Thursday.
- The four companies, organized as SAF Technology AllianceAim for creating a new technology offering to help evolve and provide a full -service SAF production chain to take fuel from a raw material for waste to a final product.
- The new alliance focused on SAF will seek to evolve the use of gasification and the Fischer -Tropsch process – a chemical reaction which makes synthesis gas – in the production of SAF in the short term, according to the press release. According to “disappointed less than 1% International Air Transport Association.
Diving insight:
Currently, each of the four companies that make up the alliance presents expertise in one or more aspects of the SAF production process, but the group estimates that combined resources and the integrated solution will reduce time between a feasibility study and a start -up of the 15%installation, according to the June 5 version. The SAF Technology Alliance has also said that their modular and integrated solutions should reduce capital expenditure by 10%, based on a theoretical calendar and a cost analysis by companies.
Honeywell CEO Energy and Sustainability Solutions, Ken West, said that “the SAF Alliance from start to finish demonstrates the power of collaboration to meet the world’s energy demands”. The four companies will create a non -exclusive product for customers who combine Gidara’s expertise in gasification and synthetic gas production; Johnson Matthey’s catalysts and technology to convert Syngas into fuels; Honeywell technology and digital automation; And the expertise of Samsung E&A in terms of global engineering, supply, production and execution of the project.
“As SAF demand increases, technology to extend the available raw materials options is becoming more and more vital,” West said in the press release. “This complete alliance offers refiners a strategic approach to quickly execute their vision.”
Maurits Van Tol, CEO of Johnson Matthey’s Catalyst Technologies, said that the group sought to target “the common challenges faced by SAF producers” to, in the end, accelerate the global deployment of SAF.
The Alliance has declared that it will first focus on scaling the use of gasification and the Fischer-Tropsch method because it will allow the use of biomass and solid municipal waste as raw material, and these production methods are “increasingly important”. THE International Estimated Energy Agency In 2023, that biofuels derived from waste, residues and non -food crops could respond to 40% of all biofuels’ demand by 2030.
The CEO of Samsung E&A, Hong Namkoong, said that the combined expertise of companies will create a SAF supply chain “resilient and scalable”, and the CEO of Gidara Energy, Norbert Kamp, said that the group will help to unlock “the value of waste to meet the growing demand for SAF”.
SAF Technology Alliance is available as airlines and global maritime companies seek to invest and get SAF to lower their emissions. Last year, United Airlines and Jand blue Inked SAF specific to the airport, while Southwest Airlines acquired a SAF producer SAFFIRE RENEWABLE.
Despite investments, Iata predicts The fact that SAFS will continue to represent less than 1% of all the jet fuel consumption in 2025.