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Latest Market News

Japanese group sets up SAF joint venture

  • Spanish Market: Biofuels, Oil products
  • 08/11/22

Japanese engineering firm JGC, refiner Cosmo Oil and biodiesel producer Revo International have set up a joint venture to produce and supply sustainable aviation fuel (SAF) in the country.

Saffaire Sky Energy, with JGC and Cosmo each holding 48pc and Revo 4pc, was set up on 1 November to produce 30,000 kilolitre/yr (517 b/d) of SAF from domestic used cooking oil (UCO).

The SAF plant will be built at Cosmo's Sakai refinery in Osaka, with a start-up from September 2024. The plant will also produce bionaphtha, which is a feedstock for bioplastics, as well as biodiesel.

The three companies began a study in 2020 on setting up a domestic SAF supply chain. They also have been working with Kansai Airports to collect UCO.

Japan's land and transport ministry in December last year set a target of 10pc SAF use by domestic airlines by 2030. It forecasts the country's SAF demand to reach 2.5mn-5.6mn kl/yr by 2030 and 23mn kl/yr by 2050.


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