Ulsan, South Korea – SK Energy, a leading South Korean refiner, has announced its successful export of Sustainable Aviation Fuel (SAF) to Europe, marking a significant milestone for the company and the country's aviation industry. The move comes on the heels of the European Union's (EU) mandate requiring all flights departing from the region to blend at least 2% SAF into their fuel from January 2025.
SK Energy began commercial production of SAF in September 2024, employing a co-processing method that allows for the production of low-carbon fuels without the need for dedicated facilities. By integrating bio-based feedstocks into its existing petroleum refining process, the company has been able to efficiently scale up SAF production.
To further strengthen its position in the global SAF market, SK Energy has established a comprehensive value chain in collaboration with its affiliate, SK on Trading International. This strategic partnership involves investments in companies that specialize in procuring waste-based feedstocks, ensuring a steady supply of raw materials for SAF production.
"With the EU's SAF mandate now in effect, we are excited to be at the forefront of the global transition to more sustainable aviation," said Chun-gil Lee, Head of Ulsan Complex at SK Energy. "By successfully exporting SAF to Europe, we have demonstrated our commitment to reducing carbon emissions in the aviation industry and contributing to a more sustainable future."
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