Japan: TotalEnergies and ENEOS will study the sustainable production of aviation fuel at the ENEOS Negishi refinery

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PARIS & TOKYO–(BUSINESS WIRE)–Regulatory news:

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and ENEOS Corporation announced a collaboration to jointly conduct a feasibility study to assess the production of sustainable aviation fuel (SAF) at the ENEOS Negishi refinery in Yokohama, Japan.

The companies have already started to conduct the study for raw material supply and production of SAF related to this project. The proposed unit, with a capacity of 300,000 tons per year of SAF, would process waste or residues resulting in particular from the circular economy, mainly used cooking oils and animal fats. The two companies plan to form a new joint venture to produce SAF.

This collaboration would leverage the companies’ respective areas of excellence and expertise for the development of SAF’s sustainable supply chain in Japan towards 2025:

  • The experience of TotalEnergies in the supply of raw materials and SAF production technology.

  • Negishi Refinery ENEOS Production and Loading/Unloading Facilities Available1which is located in the largest aviation fuel demand area in Japan (Narita and Haneda airports) and aviation fuel marketing network in Japan

Responding to the major challenge of global climate change, the two energy companies have worked to reduce greenhouse gas emissions on a global scale with their customers, paving the way for a decarbonized and recycling-oriented society. In the airline industry, global decarbonization has become a pressing issue and SAF should be an effective way to reduce CO2 emissions. In Japan, the Ministry of Land, Infrastructure, Transport and Tourism (“MLIT”) has set a target of 10% SAF usage to be achieved by 2030.

By developing and supporting the emergence of a sustainable value chain for aviation fuels, TotalEnergies confirms its role as a leader in the innovation of energy and environmental transition. By acting directly on the carbon intensity of the energy products used by its customers, TotalEnergies is pursuing its strategy of building a multi-energy company with the ambition of achieving zero emissions by 2050 with society.

One of the objectives of the ENEOS group in its long-term vision until 2040 is to contribute to the development of a carbon-free and recycling-oriented society. As part of these initiatives, ENEOS aims to provide a stable supply of the different forms of energy necessary for the needs of the times. By developing SAF’s supply chain, ENEOS will contribute to the decarbonization of the airline industry.

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About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewable energies and electricity. Our 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Present in more than 130 countries, TotalEnergies places sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

@TotalEnergies | TotalEnergies | TotalEnergies | TotalEnergies

About ENEOS Corporation

The ENEOS group has developed activities in the energy and non-ferrous metals segments, from upstream to downstream. The objectives envisaged by the Group for 2040 are: to become one of the largest and most internationally competitive energy and materials groups in Asia, to create value by transforming our current commercial structure and to contribute to the development of a low-carbon and recycling-oriented society. with the pursuit of carbon neutrality in its own CO2 emissions. ENEOS Corporation, one of the main operating companies of the Group, contributes to the achievement of the objectives envisaged by the Group through a wide range of energy activities.

Caution note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities directly or indirectly controlled by TotalEnergies SE. Similarly, the words “we”, “us” and “our” may also be used to refer to these entities or their employees. Entities in which TotalEnergies SE directly or indirectly holds a stake are separate legal entities. This document may contain forward-looking information and statements based on certain economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries undertakes any obligation to publicly update any forward-looking information or statements, objectives or trends contained herein, whether as a result of new information, future events or others. Information concerning the risk factors likely to affect the financial results or the activities of TotalEnergies is provided in the most recent Reference Document, the French version of which is filed by TotalEnergies SE with the Autorité des Marchés Financiers (AMF). , and in Form 20-F filed with the United States Securities and Exchange Commission (SEC).

1 Topper ENEOS Negishi Refinery No. 1 and its affiliated secondary units are scheduled to be decommissioned by October 2022.

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