Boeing Invests in Wagner SAF Refinery in Brisbane, Australia

Darkish/Mild Mode
(20/08/24)
 Boeing is supporting the event of a
sustainable aviation gasoline (SAF) manufacturing facility in Brisbane,
Australia by turning into an early investor in Wagner Sustainable
Fuels.

Boeing’s funding within the Wagner refinery is
a part of a technique to help the event of native SAF provide
and broaden international entry to SAF, which is believed to be one of the crucial efficient
levers to decarbonize aviation by 2050.

SAF, which reduces CO2
emissions by as much as 84% in comparison with petroleum jet gasoline, at the moment
represents simply 0.1% of world jet gasoline use.

“Our partnership with Boeing to advance the Wagner
SAF refinery in Brisbane is a dedication to proactively develop the
SAF trade in Australia,” stated Matt Doyle, Wagner Sustainable
Fuels Chief Govt Officer. “The funding from the Queensland
Authorities and Boeing will underpin Australia’s first, absolutely
built-in SAF manufacturing facility. It should create native jobs,
contribute to gasoline safety and cut back greenhouse-gas emissions
from aviation.”

Constructing on an preliminary
Boeing-Wagner partnership unveiled in April, Boeing’s new
funding will help an engineering examine for the eventual development of a SAF refinery.

The Brisbane facility will use
waste-to-SAF expertise that converts ethanol produced from
waste-based feedstocks reminiscent of industrial waste into SAF.

“This challenge permits Australia to proceed to face out as a
chief in SAF, now leveraging the answer we co-created with
LanzaTech to transform waste carbon into sustainable fuels,” stated
Jimmy Samartzis, CEO of LanzaJet. “The mix of our platform
with the front-end of LanzaTech’s carbon recycling expertise
makes it doable to create SAF provide in Australia utilizing native
waste streams, additional supporting the nation’s vitality safety
and defending its pure atmosphere.”

In 2023, CSIRO and Boeing’s Sustainable Fuels Roadmap recognized
that Australian SAF manufacturing not solely allows native gasoline
manufacturing capability to satisfy industrial demand, but additionally
contributes to sovereign gasoline safety and regional jobs.

“We’re proud to
make investments on this challenge as a result of it would make an actual distinction in
growing a SAF trade in Australia,” stated Kimberly Camrass,
Boeing’s sustainability lead for Australia and New Zealand.
“Accelerating native SAF provide allows Australia’s personal local weather
targets and helps the worldwide industrial aviation trade’s
dedication of internet zero CO2 emissions by 2050. SAF
services reminiscent of Wagner’s new Brisbane website additionally strengthen
Australia’s gasoline safety, for the reason that nation at the moment imports 90%
of its liquid gasoline together with jet gasoline, and the demand is anticipated
to extend by 75% in direction of 2050.”

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