Neste Corporation, News, 6 April 2023
Neste, ITOCHU Corporation and Fuji Oil Company collaborated to supply sustainable aviation fuel (SAF), which was locally-blended with conventional jet fuel, to the Japanese market as part of a demonstration project of the Civil Aviation Bureau of the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT). The initiative helps Japan prepare for the future when significantly larger quantities of SAF will be needed to help the aviation industry achieve its emissions reduction goals. MLIT has set the target to achieve 10% SAF use in Japan by 2030.
In this partnership, ITOCHU imported neat (i.e. unblended) Neste MY Sustainable Aviation Fuel™ into Japan where the fuel was locally blended with conventional fossil jet fuel in cooperation with Fuji Oil Company. A portion of the blended SAF has been delivered to Chubu Centrair International Airport, located south of Nagoya in central Japan, for use in flight inspection aircraft owned by the Civil Aviation Bureau of the MLIT. The fuel delivery makes Chubu Centrair the third airport in Japan to enable airlines to benefit from Neste-produced SAF, following earlier deliveries into the Haneda International Airport and Narita International Airport.
All Nippon Airways (ANA) and Japan Airlines (JAL) have purchased locally blended SAF from ITOCHU. ANA will use the fuel on their international and domestic flights from Haneda and Narita airport. JAL will be the first airline using SAF at Chubu Centrair Airport as well as at Haneda and Narita airports going forward.
“The first delivery of fuel blended with Neste MY Sustainable Aviation Fuel into the Chubu Centrair Airport demonstrates the continuously expanding availability of SAF in Japan. We are proud to support ANA and JAL in achieving their ambitious climate targets with the use of SAF, as well as to work with like-minded partners like ITOCHU and Fuji Oil in developing the supply chains for SAF in Japan,” said Sami Jauhiainen, Vice President APAC from the Renewable Aviation business unit at Neste.
Neste is the world’s leading producer of sustainable aviation fuel and is currently increasing its annual SAF production capability to 1.5 million tons per annum by the end of 2023 with ongoing investments at its refineries in Singapore and Rotterdam, the Netherlands. Completion of Neste’s Singapore refinery expansion will already increase Neste’s annual SAF production capability to over 1 million tons, making the company ready to support the aviation industry in the Asia Pacific region and globally.
Sustainable aviation fuel
SAF is a renewable aviation fuel providing a more sustainable alternative to conventional fossil jet fuel. Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80%* over the fuel’s life cycle compared to using fossil jet fuel. Neste MY Sustainable Aviation Fuel is produced from used cooking oil and animal fat waste, 100% renewable raw materials which are sustainably sourced. SAF is blended with conventional jet fuel before use and works seamlessly with existing aircraft engines and fueling infrastructure.
*) When used in neat form (i.e. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology
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Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world’s leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. We also have set high standards for biodiversity, human rights and supply chain. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste's revenue stood at EUR 25.7 billion. Read more: neste.com