Topsoe Secures First Sustainable Aviation Fuel Project in China
05.02.2024 By Tank Terminals - NEWS

May 02, 2024 [Green Car Congress]- Topsoe has signed an agreement with Guangxi Hongkun Biomass to provide Topsoe’s HydroFlex technology to produce SAF at Guangxi Hongkun Biomass’ plant in the Qinzhou Port Area Free Trade Pilot Zone of Guangxi, China. This agreement marks Topsoe’s first SAF project in China.

 

The project expects to process 300,000 tons of feedstock per year. Guangxi Hongkun Biomass’s SAF production plant is expected to begin construction in May 2024, with SAF production to begin within the first few months of 2026.

Topsoe’s selection serves to address the rapidly growing demand for SAF. As cited by the International Energy Agency’s Net Zero Scenario, more than 10% of fuel consumption in aviation needs to be SAF by 2030 to stay on course for net-zero CO2 emissions by 2050. In 2022, the International Air Transport Association estimated global SAF production to make up only around 0.1% to 0.15% of total jet fuel demand.

With HydroFlex, customers can convert various fats, oils and greases into drop-in renewable jet and diesel that meet all globally accepted specifications for these fuels. Topsoe’s HydroFlex can be deployed in both grassroots units and revamps for co-processing or fully renewable applications.

Guangxi Free Trade Zone Hongkun Biomass Fuel Co., Ltd. is a subsidiary of Guangxi Hongkun Energy Group Co., Ltd., located in Guangxi province Qinzhou Petrochemical Industry Park, which is a professional large-scale biomass energy enterprise using waste oil to produce HVO and SAF. The company is currently one of the largest production bases of SAF in China, with a total investment of 3.5 billion yuan (US$483 million), covering an area of 430 mu (80 acres), creating 600 new jobs, and achieving an annual output value of 9.8 billion RMB (US$1.4 billion)after the project is completed and officially put into production and operation.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

ArcelorMittal Poland Plans to Build a Hydrogen Production Plant in Krakow
11.22.2024 - NEWS
November 22, 2024 [Gmk Center]- An investment of more than PLN 100 million will provide hydrogen ... Read More
Clean Hydrogen Works Awards McDermott FEED Contract for Ascension Clean Energy (ACE) Project
11.22.2024 - NEWS
November 22, 2024 [Mcdermott]- Clean Hydrogen Works (CHW) and McDermott announce that CHW has awa... Read More
MOL Group Signed Cooperation Agreement with KazMunayGas
11.22.2024 - NEWS
November 22, 2024 [World Pipelines]- MOL Group and Kazakhstani national oil company KazMunayGas (... Read More
Dialog's 1Q profit grows 14%, driven by midstream tank storage business and big opex drop
11.22.2024 - NEWS
November 22, 2024 [The Edge Malaysia]- Dialog Group Bhd’s net profit in the first quarter e... Read More