Mitsubishi invests in Swedish Biofuels
February 28, 2023
BY Swedish Biofuels AB
Swedish Biofuels AB announced on Feb. 27 an investment by Mitsubishi Corp. to jointly accelerate commercial deployment of clean renewable fuels using Swedish Biofuels advanced alcohol to jet (ATJ) technology.
The technology produces fully formulated sustainable aviation fuel (FFSAF) from a variety of biogenic feedstocks. Swedish Biofuels FFSAF is different from other SAFs, as it is not a blend component but ready-to-use, real jet fuel. The FFSAF has been tested successfully by engine manufacturers under US DARPA, US FAA and Swedish FMV programs.
Advertisement
Advertisement
Swedish Biofuels is now leading the way with the world's first advanced ATJ technology, targeting the complete replacement of fossil jet fuel by FFSAF.
Swedish Biofuels MD, Dr Angelica Hull, stated that the company is honored by Mitsubishi Corp.’s investment decision, which provides an exceptional strategic partnership for Swedish Biofuels, including access to feedstock, sales support, marketing and commercial operations. With this partnership, the company expects to accelerate the deployment of its advanced ATJ technology in its home market and beyond.
Advertisement
Advertisement
Related Stories
Neste Corp. on July 24 released second quarter results, reporting record quarterly renewable product sales volumes despite weaker margins. SAF sales were up nearly 80% when compared to the first quarter of 2025.
Valero Energy Corp. on July 24 released second quarter results, reporting a profitable three-month period for its ethanol segment. The renewable diesel segment posted a loss, but the company’s new sustainable aviation fuel (SAF) unit operated well.
The IRS on July 21 published a notice announcing the 2025 calendar-year inflation adjustment factor for the Section 45Z clen fuel production credit. The resulting adjustment boosts maximum the value of the credit by approximately 6%.
U.S. Secretary of Agriculture Brooke L. Rollins today announced the reorganization of the USDA, refocusing its core operations to better align with its founding mission of supporting American farming, ranching, and forestry.
The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy is soliciting public comments on a preliminary plan for determining provisional emissions rates (PER) for the purposes of the 45Z clean fuel production credit.
Upcoming Events
