China Petroleum & Chemical Corporation (Sinopec) has signed a heads of agreement (HoA) with TotalEnergies in a move towards sustainable aviation.
This agreement signals the initiation of a joint venture aimed at producing sustainable aviation fuel (SAF) from waste oils at one of Sinopec’s refineries. The partnership targets an annual production capacity of 230,000 tons, with both entities collaborating closely on the new production line.
Ma Yongsheng, Chairman of Sinopec, has emphasized the fusion of Sinopec’s specialized bio-jet fuel technology (SRJET) with their commitment to enhancing asset quality and efficiency. Ma Yongsheng also highlighted TotalEnergies’ role in SAF production in Europe, stating that this collaboration positions them to provide superior green and low-carbon solutions.
Patrick Pouyanne, Chairman and CEO of TotalEnergies, noted that this project aligns with TotalEnergies’ transformation strategy, which aims to support carbon footprint reduction efforts in the aviation sector. TotalEnergies has set an ambitious target to produce 1.5 million tons of SAF annually by 2030.
In May 2022, China’s bio-jet fuel facility commenced pilot production at Zhenhai Refining & Chemicals. It achieved Asia’s first Global RSB biomass-based sustainable aviation fuel certification later that year, followed by obtaining airworthiness certificates for domestically produced large-scale biojet fuels in September.