Mitsubishi invests in Swedish Biofuels to advance deployment of clean fuels
Swedish Biofuels AB announced an investment by Japan’s Mitsubishi Corporation 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, jet fuel. The FFSAF has been tested successfully by engine manufacturers under the U.S. Defense Advanced Research Projects Agency (DARPA), U.S. Federal Aviation Administration (FAA) and the programmes of the Swedish Defence Materiel Administration (FMV), a governmental agency acting under the Ministry of Defence. FMV is responsible for ensuring that the Swedish Armed Forces have the equipment and logistic services they need to execute their mission
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 honoured by Mitsubishi Corporation’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.