ANA Enters SAF Agreement with Itochu and Raven SR

Published on:
by KnowESG,

ANA Holdings Inc

tinywow 20230117-001 11744920

All Nippon Airways (ANA), Japan's largest and 5-Star airline for ten years in a row, has inked an MOU with ITOCHU Corporation and Raven SR Inc. for the production and procurement of sustainable aviation fuel (SAF).

Raven SR's unique Steam/CO2 Reforming technology converts green waste, municipal solid waste, organic waste, and methane from municipal solid waste into sustainable hydrogen and clean fuels.

Raven SR plans to start making SAF in California by 2025. Each year, the amount of SAF made will go up by small amounts until it reaches 200,000 tonnes in 2034. Raven SR will make the supply at facilities that are planned for the US and Europe, which are two of the largest markets in the world.

"As part of our climate transition strategies, ANA is dedicated to being an industry leader with our environmental commitments. This announcement with ITOCHU and Raven SR is very important and will help us reach our short- and long-term goals for reducing carbon emissions, said Hideo Miyake, the Executive Vice President of ANA in charge of procurement. "We are looking forward to working together on this important business issue of being aware of the environment and coming up with local solutions that will help us lower our carbon footprint."

"ITOCHU is proud to work together with ANA and Raven SR under a strong commitment toward carbon neutrality," said Masaya Tanaka, President of the Energy & Chemicals Company and Executive Officer. "We will continue to work closely on the production and procurement of SAF and look forward to the commencement of production in the coming years, which will help increase utilisation of SAF in the airline industry."

Matt Murdock, CEO of Raven SR, said, "We are grateful that our strategic partner ITOCHU put us in touch with ANA to start this landmark agreement for long-term SAF supplies. This will help Raven SR grow globally and help ANA meet its commitments to reduce carbon emissions. We hope that our deal with ANA to supply SAF in key markets around the world will make it possible to buy local fuel made from local waste. We see growing interest in such efficiency and circularity in renewable fuel distribution for aviation and other transportation sectors."

For more technology news

Source: All Nippon Airways

Share:
esg
esg
esg
esg