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Cathay achieves another year of record SAF commitment with global partners

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By Cathay

February 05, 2026

Sustainable Aviation Fuels Business Use 

Cathay achieved another milestone year for its Corporate Sustainable Aviation Fuel (SAF) Program in 2025, with SAF commitments reaching approximately 17,400 metric tons, up nearly 180% when compared to 2024.

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Eni and Q8 Italy announce a major strategic investment in the ongoing project for the construction of a new biorefinery in Priolo, Sicily. The facility will have the capacity to produce 500,000 metric tons of renewable diesel and SAF annually.

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Sen. Jerry Moran, R-Kan., on Feb. 2 introduced the bipartisan Securing America’s Fuels (SAF) Act. The bill aims to reinstate the 45Z clean fuel production credit premium for sustainable aviation fuel (SAF) and extend the 45Z credit through 2033.

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The U.S. Department of Treasury and IRS on Feb. 3 released proposed regulations for the 45Z clean fuel production tax credit, as updated by the One Big Beautiful Bill in mid-2025. A public comment period is scheduled to be open for 60 days.

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FedEx introduced sustainable aviation fuel (SAF) at two more U.S. airports towards the end of last year: Dallas Fort Worth International Airport (DFW) and John F. Kennedy International Airport (JFK).

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Valero Energy Corp. on Jan. 29 released fourth quarter 2025 financial results, reporting a profitable three-month period for its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.

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Arva on Jan. 27 announced the expansion of its biofuels offering to support biofuel producers as they operationalize the 45Z Clean Fuel Production Credit.

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Topsoe has been selected by Tangshan Jinlihai Biotechnology Co. Ltd. to provide its Hydroflex technology and related services for a sustainable aviation fuel (SAF) project with the capacity to process 300,000 tons of feedstock annually.

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Honeywell on Jan. 27 announced that SAF One Energy Management Limited will use Honeywell UOP Ecofining process technology to produce SAF. Tata Projects Ltd. has been appointed as EPC partner for the project.

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SAF producer XCF Global Inc. and DevvStream Corp., a caron management and environmental asset monetization firm, on Jan. 26 announced that they have agreed to a binding term sheet to combine Southern Energy Renewables Inc. in a three-party merger.

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The U.K. Department of Transport on Jan. 20 announced plans to offer up to £43 million ($59.53 million) to support green aviation projects, including those focused on clean fuels and zero-emission aircraft.

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EcoCeres has officially launched its state-of-the-art renewable fuel facility in Pasir Gudang, Johor, Malaysia, marking a historic milestone as the country’s first sustainable aviation fuel (SAF) production plant.

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SAFFA Fund I LP, an investment fund managed by Burnham Sterling Asset Management LLC, and SAF One Energy Management Ltd. have announced an investment of up to $30 million by SAFFA in a SAF One project, breaking ground in 2026.

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The New Mexico Environmental Improvement Board on Jan. 22 unanimously adopted regulations implementing a Clean Transportation Fuel Program, making New Mexico the fourth U.S. state to adopt a clean fuel standard.

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The foundation is strong for expansion of biodiesel, renewable diesel and SAF in the U.S., but to build on the growth of recent years, producers and stakeholders must remain united, according to Clean Fuels Alliance America CEO Donnell Rehagen.

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As global leaders prepare to convene for the World Economic Forum Annual Meeting 2026, the Business Aviation Coalition for SAF is encouraging aircraft operators and delegations to contact their fuel providers and FBOs immediately to secure SAF.

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Cathay is welcoming the release of Igniting the SAF Market: Policy Pathways for Scaling Sustainable Aviation Fuel in China, a research study published by Peking University’s National School of Development in late 2025.

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Moeve has completed the supply of sustainable aviation fuel (SAF) to Condor for flights departing from Tenerife South Airport on the Canary Islands, a location not yet legally subject to ReFuelEU Aviation requirements.

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SkyNRG announced a key milestone for Project Wigeon, a planned sustainable aviation fuel (SAF) facility in Eastern Washington, after securing environmental approvals from the Washington State Department of Ecology and Walla Walla County.

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California Gov. Gavin Newsom on Jan. 9 released a proposed 2026-27 state budget. Details published by the California Senate Committee on Budget and Fiscal Review indicate the proposed budget includes provisions for a new SAF tax credit.

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XCF Global Inc. announced on Jan. 12 that it is evaluating financing options to support the construction of its New Rise Reno 2 facility. If constructed, New Rise 2 is expected to enable XCF to expand its SAF and renewable fuel platform.

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Washington State leaders, aviation industry partners, research institutions, Tribal representatives and sustainability advocates on Jan. 8 launched the Cascadia Sustainable Aviation Accelerator, an initiative that aims to accelerate SAF deployment.

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The U.S. House of Representatives on Jan. 8 voted 397 to 28 in favor of an appropriations package that includes language on biomass energy and sustainability. Reports accompanying the legislation include guidance on SREs and SAF.

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Biomass Magazine has released the agenda for the 19th Annual International Biomass Conference & Expo, scheduled for March 31-April 2, 2026, at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee.

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The U.K. Department for Transport late 2025 signaled it may be softening its stance on crop-based SAF. The agency is gathering stakeholder input that could provide a pathway to open the country’s SAF Mandate program to crop-based biofuels.

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Aviation sustainability provider Azzera Inc. announces that JETEX is the latest strategic investor in its digital carbon-management platform. JETEX will also work with Azzera as a sustainability partner to procure and manage SAF beginning in 2026.

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DHL Global Forwarding and Air France KLM Martinair Cargo (AFKLMP) have signed a new framework agreement, further deepening their joint commitment to decarbonizing the air freight industry.

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Hawaiian Airlines and Alaska Airlines on Dec. 17 announced it has joined Par Hawaii to invest in pioneering the development of SAF in Hawaiʻi using locally grown agriculture feedstock to reduce aviation carbon emissions.

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Neste and Cathay Group have agreed on the supply of Neste MY Sustainable Aviation Fuel for the group’s aviation operations across three major aviation regions: Europe, the United States, and Asia-Pacific.

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The U.S. EPA on Dec. 18 released data showing 1.78 billion RINs were generated under the RFS in November, down from 2.05 billion generated during the same month of 2024. Total RIN generation for the first 11 months of 2025 reached 21.11 billion.

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