US renewable fuels company Aemetis has announced that it has agreed 10 sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) supply deals worth US$7bn with 10 airlines.
The airline supply agreements would involve the delivery of SAF for between seven and 10 years, the company said on 7 September.
Supply agreements had been made with Airlines including Alaska Airlines, American Airlines, British Airways, Delta Air Lines, Finnair, Iberia, Japan Airlines, Jet Blue Airlines and Qantas, Aemetis said.
“Sustainable aviation fuel has a vital role in meeting aviation’s decarbonisation targets, so we are pleased to complete another milestone in the drive toward SAF use at commercial scale,” Aemetis founder, chairman and CEO Eric McAfee said.
The blended SAF comprised 40% “neat” SAF and 60% petroleum jet fuel to meet international blended SAF standards, the company said, and was scheduled to be delivered to San Francisco International Airport and Los Angeles International Airport as blended fuel, while the renewable diesel was expected to be delivered to Northern California truck fuelling locations.
Aemetis said the SAF and renewable diesel would be produced at the company’s production plant currently under development in Riverbank, California, which used renewable hydrogen and zero carbon intensity hydro-electric electricity.
Headquartered in Cupertino, California, Aemetis is a renewable natural gas, renewable fuel and biochemicals company.