A brighter horizon for sustainable aviation fuel: Sasol and Topsoe to form a future business to accelerate global SAF production
Sasol, the global chemicals and energy company, and Topsoe, a global leader in carbon emission reduction technologies, have signed a landmark agreement to establish a 50/50 joint venture (subject to approval by relevant authorities), solidifying their commitment to produce sustainable aviation fuels (SAF) and contribute to global efforts in combating climate change.
Global mobility connecting people, cultures and businesses across continents allows progress and freedom, but it also comes with the challenge of carbon emissions. The aviation sector alone contributes 2-3% of global carbon emissions. Sustainable aviation fuels decarbonizing air transport are called for globally by industry and regulators. The future joint venture will ‘go beyond’ the unique combination of technologies, capabilities and deep industry experience to lay the foundation to ‘go beyond’ in the production scaling of sustainable aviation fuels.
The purpose of the Sasol Topsoe JV is to develop, build, own, and operate sustainable aviation fuel plants, and market sustainable aviation fuels derived primarily from non-fossil feedstock, utilizing green hydrogen, sustainable sources of CO2 and/or biomass with a specific focus on Sasol’s Fischer Tropsch and Topsoe’s related technologies. Together, this proven partnership intends to bring future-proof solutions to the market.
Fleetwood Grobler, Sasol President and CEO, highlighted the long-term ambitions of Sasol in sustainable aviation fuel, stating:
"Sasol is delighted to join forces with Topsoe, furthering our global sustainable aviation fuel aspiration. This is an important milestone in advancing our long-term strategy to become net zero by 2050. As we transform our business to focus on decarbonization while preserving and growing value, this JV is testament to the decades of collaboration between our two companies.”
Roeland Baan, CEO at Topsoe, expressed his enthusiasm for this milestone, stating:
“As part of our proven partnership, this future business is an important moment of progress at a critical time. We need to keep the world open by creating more sustainable ways of flying, and our shared commitment to accelerating sustainable aviation fuels is a vital part of this. We believe no one is better placed than the company formed by Sasol and Topsoe to deliver the means to scale SAF production”.
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Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate sophisticated technologies and processes into world-scale operating facilities. We safely and sustainably source, produce and market a range of high-quality products in 22 countries, creating value for stakeholders. Our purpose “Innovating for a better world” compels us to deliver on triple bottom line outcomes of People, Planet and Profit, responsibly and always with the intent to be a force for good. Sasol ecoFT as part of the Sasol Group, is positioned to play a leading role in the global SAF offering by Sasol’s proprietary FT Technology. With more than 70 years’ experience we leverage our proprietary technology, know-how and expertise to produce sustainable fuels and chemicals from green hydrogen and sustainable carbon sources, via the Power-to-Liquids (PtL) process. By deploying sustainable FT solutions globally, we contribute to a thriving planet, society, enterprise and innovate for a better world.
To learn more, visit https://www.sasol.com.
Founded in 1940, Topsoe is a leading global developer and supplier of decarbonization technology, catalysts, and services for the energy transition.
Our mission is to combat climate change by helping our partners and customers achieve their decarbonization and emission-reduction targets, including those in sectors such as aviation, shipping, and the production of raw materials. From carbon reduction chemicals to renewable fuels and plastic upcycling, we are uniquely positioned to aid humanity in realizing a sustainable future.
Topsoe is headquartered in Denmark, with over 2,400 employees serving customers all around the globe. To learn more, visit www.topsoe.com
For more information, please contact:
Ulrik Frøhlke, Media Relations Manager
Phone: +45 27 77 99 68
Ezena Reyneke, Brand and Communications Lead: Sasol ecoFT
Phone: +27 82 776 0855