Sasol and Topsoe to accelerate growth in sustainable aviation fuel (SAF)
- Sasol and Topsoe have signed a Memorandum of Understanding (MoU) with the intent to establish a 50/50 Joint Venture (JV) in 2023 to develop sustainable aviation fuel solutions (SAF)
- The JV will develop, build, own, and operate ventures producing SAF based on Sasol’s Fischer Tropsch technology and Topsoe’s relevant SAF technologies
- With aviation being responsible for 3% of global carbon emissions, low carbon solutions are urgently needed
Sasol, the global chemicals and energy company, and Topsoe, a global leader in carbon emission reduction technologies, have signed a Memorandum of Understanding (MoU) with the intent to establish a 50/50 Joint Venture (JV) in 2023 to produce sustainable aviation fuels (SAF).
Roeland Baan, Chief Executive Officer at Topsoe, said:
“We are very excited to announce this MoU, as it underlines our ambition to help decarbonise some of the most critical sectors in the world. If we are to reach net zero on a global scale by 2050 in order to fight climate change, all solutions need to be put into play. Creating a low carbon aviation sector is an important piece of the puzzle, and we’re excited to extend our partnership with Sasol to help speed up decarbonisation. Combined, we have the technologies, capabilities and willingness to take the lead.”
Fleetwood Grobler, Sasol President and CEO said:
“Sasol is excited to enter into this MOU with Topsoe to further Sasol’s long-term global sustainable aviation fuel ambition, as advanced in recent years by Sasol ecoFT, which was established to pursue SAF opportunities globally. We are fundamentally transforming our business by focusing on decarbonising our operations, while preserving and growing value. The MoU is underpinned by decades of collaboration between our companies in technology development, commercialisation and operations. The combination of these building blocks and know how to offer solutions in aviation decarbonisation, is very exciting.”
Sasol and Topsoe seek to enhance and enable faster SAF production development through the establishment of a JV. The JV will produce SAF derived from non-fossil feedstock, utilizing green hydrogen, sustainable sources of CO2 and/or biomass based on Sasol’s Fischer Tropsch and Topsoe’s relevant SAF technologies. These unique and complementary technologies offer multiple pathways to SAF production at scale.
The partnership between Sasol and Topsoe, through Sasol ecoFT, is already well positioned to be a strong player in this growing market through leading technological capabilities and collaboration with the aviation industry. Sasol and Topsoe have been strategic partners for more than 25 years.
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 hard-to-abate 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, Topsoe
Phone: +45 27 77 99 68
Ezena Reyneke, Brand and Communications Lead: Sasol ecoFT
Phone: +27 82 776 0855