Friday 20 September 2024
Renewable fuels company Neste, trading company ITOCHU and refining business GS Caltex have collaborated to make sustainable aviation fuel (SAF) compatible with carbon reduction requirements of the CORSIA scheme.
CORSIA is a scheme designed to reduce carbon dioxide (CO2) emissions from international aviation. Created by the International Civil Aviation Organization (ICAO), it is currently in its voluntary phase and will be made mandatory from 2027 onwards.
As part of the collaboration, Neste supplied 1,000 tons of unblended CORSIA-eligible SAF to GS Caltex’s refinery in Yeosu, South Korea, to blend with conventional jet fuel.
The SAF will be available for purchase at Narita International Airport in Japan.
Alexander Kueper, Vice President of Renewable Aviation Business at Neste said: 'SAF is a readily available solution for reducing greenhouse gas emissions from air travel. CORSIA-eligible SAF provides airlines an opportunity to credibly reduce aviation emissions.
'This milestone shows how we are working together with partners like ITOCHU and GS Caltex as well as local governments to develop the supply chains for SAF to make the fuel even more readily available in the Asia-Pacific region and around the world. We are looking forward to further expanding our cooperation with our partners to increase our supply of SAF to airlines.'