Ecological activists, EcoCeres, prepare to broaden their influence in Asia through the utilization of Sustainable Aviation Fuel (SAF) technology.
In a significant move towards sustainable aviation, EcoCeres, an innovative company that converts 100% agricultural waste and sustainable feedstocks into biofuels, has announced its plans for Asian expansion. The Hong Kong-based company, incubated by Towngas (Hong Kong and China Gas Company), is backed by international investors Bain Capital and Kerogen Capital.
EcoCeres' expansion will see the establishment of a new production facility in Malaysia, with a capacity of 420,000 tonnes per year. This facility will produce synthetic sustainable aviation fuel (SAF) that can be blended with conventional jet fuel, a move that could significantly reduce carbon emissions in the aviation sector.
Key customers for EcoCeres' exports are in Europe, where there is a growing demand for sustainable fuels. The company has also formed a partnership with Xiamen Airlines to collect and transport waste cooking oil, a valuable feedstock for SAF production.
DHL Express has agreed to buy 2,400 tonnes of SAF from Cathay Group on flights operated by Air Hong Kong, demonstrating the growing acceptance of sustainable fuels in the industry. Air Hong Kong, an all-cargo carrier wholly owned subsidiary of Cathay Pacific, aims to use SAF in 10% of its flights from 2030.
EcoCeres supports plans to develop a sustainable aviation fuels platform in Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area. However, no new information about its plans for this platform was provided.
The immediate focus of EcoCeres' expansion in Asia is on production, but there will also be an export dimension. Competitive pricing is considered a necessary condition for the scale development of SAF, according to a new report.
No new information about EcoCeres' incubation, funding, or geographical expansion beyond Malaysia was provided in this announcement. However, it is clear that EcoCeres is preparing for a wave of Asian expansion, with the goal of making a significant contribution to the global shift towards sustainable aviation fuels.
Meanwhile, Sasol, in collaboration with Petronas and Uzbekneftegaz, operates a Fischer-Tropsch plant in Malaysia that produces synthetic liquid fuels. However, they have no plans to open a new production site for regenerative fuels with a capacity of 420,000 tonnes per year in the coming months. No concrete details about such an opening in Malaysia were provided.
As the aviation industry continues to grapple with the challenge of reducing carbon emissions, companies like EcoCeres are leading the way in the development and production of sustainable aviation fuels. With its innovative approach and commitment to sustainability, EcoCeres is poised to play a crucial role in the transition to a greener aviation future.
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