Global chemicals and energy company Sasol and process technology specialist Topsoe have signed an agreement to set up a 50/50 joint venture to produce sustainable aviation fuels (SAF).
The joint venture, which was subject to regulatory approval, would involve developing, building, owning and operating SAF plants as well as marketing SAF derived primarily from non-fossil feedstock, the companies said on 21 June. Sasol’s Fischer Tropsch and Topsoe’s related technologies would be used in the project.
“This is an important milestone in advancing our long-term strategy to become net zero by 2050,” Sasol President and CEO Fleetwood Grobler said.
Sasol produces sustainable fuels and chemicals from green hydrogen and sustainable carbon sources, via the Power-to-Liquids (PtL) process.
Headquartered in Denmark, Topsoe is a developer and supplier of decarbonisation technology, catalysts, and services for the energy transition sector.