June 16, 2025 [Biomass Magazine]- Boeing will invest $17.48 million CAD to strengthen the energy security of Canada and bolster the country’s economic growth. The investments will promote the production of sustainable aviation fuel (SAF) and are part of Boeing’s Industrial and Technological Benefits (ITB) commitment to Canada for its selection of Boeing’s P-8A Poseidon to fulfill its long-range, multi-mission aircraft role.

The investments will support two projects:

• $10 million CAD for Project Avance: A joint venture between Bioenergie AECN and Alder Renewables in Port Cartier, Quebec, to convert wood residuals from existing sawmills into a low-carbon intermediate “biocrude” that can be converted into SAF. Project Avance is forecasted to enable future projects in Quebec to produce 10 million gallons (approximately 37,854,000 liters) of unblended SAF annually.
• $7.48 million CAD for Dimensional Energy: The power-to-liquid technology provider will scope scaled development of its pioneering carbon utilization project to convert industrial CO2 emissions into synthetic aviation fuel production. This study will support future projects in North America to convert 500,000 metric tons of CO2 emissions to produce more than 40 million gallons (approximately 151,416,000 liters) of SAF annually.

“This significant investment in SAF production demonstrates our commitment to scaling sustainable aviation fuel and to our work in Canada, where we have driven innovation for over a century,” said Al Meinzinger, president, Boeing Canada. “With 2,000 employees across Canada, Boeing is committed to supporting Canada’s aerospace industry and domestic productivity and advancing exciting new energy innovations.”