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Environment Japanese joint venture to produce bio jet fuel

thomas

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Nippon Paper, Sumitomo Corp. and others intend to set up a joint venture in 2024 to manufacture and sell bioethanol. Bioethanol from wood is used for sustainable aviation fuel (SAF) in Japan, which has lagged in developing alternatives to petroleum for powering planes. Sustainable aviation fuels, made from waste cooking oil, plant matter and other materials, emit 70% to 90% less carbon dioxide than standard jet fuel.



Regulators are pushing airlines toward greener fuels. EU lawmakers have approved a requirement that SAF accounts for 85% of all aviation fuels at airports within the bloc by 2050. All Nippon Airways aims to replace at least 10% of its fuel with SAF in fiscal 2030, with rival Japan Airlines targeting 10%.


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