Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Agriculture | Oil

US biotech company teams up with Suncor, Mitsui to form sustainable aviation fuel producer

Commodities | Agriculture | Grains | Energy | Electric Power | LNG | Natural Gas | Oil | Crude Oil | Metals | Coronavirus

Market Movers Americas, June 29-July 3: Rig count rises, but pandemic continues to pressure US commodities

Agriculture | Biofuels

Platts Biofuelscan

Capital Markets | Commodities | Oil | Crude Oil | Refined Products | Fuel Oil | Gasoline | Jet Fuel | Naphtha | Marine Fuels | Equities | Financial Services | Banking | Non-banks | Private Markets

North American Crude Oil Summit, 3rd annual

Oil | Crude Oil

US judge orders Dakota Access crude pipeline shut by Aug 5, vacates permit

US biotech company teams up with Suncor, Mitsui to form sustainable aviation fuel producer

Highlights

Venture to produce 10 mil gal/year starting early 2022

Initial plant to be located in US state of Georgia

London — US-based biotech company and carbon recycler LanzaTech is teaming up with partners including Suncor Energy in a venture to be known as LanzaJet, which it is hoped will produce 10 million gallons/year of sustainable aviation fuel (SAF) starting in early 2022, it said.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

A demonstration plant is being built at LanzaTech's Freedom Pines site in the US state of Georgia.

Canada's Suncor is investing $15 million in the venture and is contracted to take a significant portion of the SAF and renewable diesel for its jet fuel and distillate customers. The plant will use sustainable ethanol as a feedstock.

The venture also received $10 million in backing from Japanese trading house Mitsui. In addition, All Nippon Airways (ANA) will be participating in the venture, although LanzaTech did not provide any details on its financial contribution. This funding will complement a US Department of Energy grant of $14 million.

Mark Little, Suncor CEO, said the companies "believe the technology will provide a solid foundation for the commercial production of SAF with growth potential in both North American and international markets."

If the plant meets all its economic and technical targets, Suncor and Mitsui are expected to make further investments in commercial production facilities, LanzaTech said.

Toru Matsui, Chief Operating Officer of Mitsui, added the partnership demonstrates the company's commitment to improving aviation sustainability while aligning with an ambition to be the first entity in Japan to produce SAF on a commercial scale.

Aviation is seen as one of the more difficult sectors to decarbonize, with the weight of batteries limiting their use in the segment.