SK Vitality Takes Flight with First European Export of Sustainable Aviation Gasoline (SAF)
First Korean refiner to export SAF to Europe, finishing international worth chain simply 4 months after industrial manufacturing
■ Positioned to steer within the European market following January’s obligatory SAF adoption, with plans for continued growth domestically and internationally
SK Vitality has efficiently exported Sustainable Aviation Gasoline (SAF) to Europe, marking a primary for a Korean refiner. This milestone comes simply 4 months after the corporate commenced industrial manufacturing, finishing a worldwide worth chain for SAF.
With the European Union (EU) initiating obligatory SAF utilization this month, SK Vitality has swiftly entered the market, establishing itself as a number one producer with its sturdy large-scale manufacturing system. On January 5 (KST), SK Vitality introduced the export of SAF, produced by Co-Processing strategies that refine bio-based supplies corresponding to used cooking oil and animal fat.
Since January, EU international locations have mandated that not less than 2% of aviation gasoline should include SAF. At the moment, Europe is the one international market with such a requirement. Business analysts acknowledge SK Vitality’s success in capitalizing on Europe’s SAF market, underscoring its standing as the primary Korean refiner to ascertain a large-scale manufacturing system for SAF.
SK Vitality started industrial manufacturing of SAF in September final 12 months, using Co-Processing know-how. This strategy integrates bio-based materials provide strains into current petroleum manufacturing processes, enabling the manufacturing of low-carbon merchandise like SAF and bio-naphtha. SK Vitality has secured a aggressive benefit in exports by establishing a manufacturing capability of roughly 100,000 tons per 12 months for SAF and different low-carbon merchandise.
An SK Vitality spokesperson acknowledged,
Our in depth manufacturing system, bolstered by the R&D experience of SK Innovation Institute of Environmental Science and Know-how, and the engineering proficiency at SK Innovation’s Ulsan Complicated, was pivotal in reaching this export milestone.
In collaboration with its affiliate, SK On Buying and selling Worldwide, which invested in a waste-based uncooked materials firm, SK Vitality has efficiently closed the loop on a worldwide worth chain—from uncooked materials acquisition to manufacturing and gross sales.
Trying forward, SK Vitality plans to broaden its home provide and proceed its progress within the international SAF market. Because the Worldwide Air Transport Affiliation (IATA) pledged to realize Web Zero by 2050 plan in 2021, international SAF demand has grown steadily. The IATA goals to scale back the aviation business’s CO2 emissions by 50% in comparison with 2005 ranges by 2050.
In step with these targets, the EU has mandated that every one plane departing from Europe should use not less than 2% SAF, with plans to extend this to six% by 2030 and 70% by 2050. The USA additionally targets transitioning all aviation gasoline to SAF by 2050.
Lee Chun-kil, CSO of SK Vitality, Head of SK Innovation Ulsan Complicated, acknowledged,
We are going to carefully monitor home and worldwide SAF coverage adjustments and market calls for to broaden SAF manufacturing and exports.
[Photo] SK Vitality representatives pose for a commemorative picture on January 4 (KST) on the SK Innovation Ulsan Complicated dock, following the loading of Sustainable Aviation Gasoline (SAF) onto a vessel for export to Europe.
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SK Vitality Takes Flight with First European Export of Sustainable Aviation Gasoline (SAF), supply
