Published by Todd Bush on September 27, 2022
September 26, 2022 10:08 AM Eastern Daylight Time
PARIS--(BUSINESS WIRE)--Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and SARIA, a leader on the European market for the collection and valorization of organic materials into sustainable products, have concluded an agreement to develop sustainable aviation fuel (SAF) production on the Grandpuits (Seine-et-Marne) zero-crude platform.
>> In Other News: Australia: TotalEnergies, INPEX and Woodside Join Forces to Develop a Major Offshore CO2 Sequestration Project
This agreement is a major step in securing feedstock supply (used cooking oils and animal fats) eligible to produce SAF and will enable the SAF production capacity to reach 210,000 tons per year, 25% higher than foreseen in the initial project announced in 2020.
Under this agreement, TotalEnergies will take 50% of a production activity of SARIA, that will supply animal fat esters to Grandpuits. SARIA will take an equivalent stake in the biofuels business of the Grandpuits biorefinery, which will remain operated by TotalEnergies. SARIA will also directly supply used cooking oils.
'I am delighted to conclude this strategic partnership with SARIA, which reinforces the conversion of the Grandpuits refinery into a zero-crude platform oriented towards SAF. This is a major milestone in our ambition to become one of the leaders in sustainable aviation fuels,' declared Bernard Pinatel, President, Refining & Chemicals at TotalEnergies. 'SAF is the most efficient solution to immediately reduce CO2 emissions from air travel, and its development is fully in line with the Company's Climate ambition to get to net zero by 2050, together with society.'
The project is subject to the legal process for notifying and consulting TotalEnergies' employee representatives and the approval of the competent authorities.
Commissioned in 1966, Total's Grandpuits-Bailly-Carrois refinery was for a long time the only refinery in the Paris region. In September 2020, TotalEnergies launched a project to convert the site, in line with its strategy to become carbon neutral by 2050. This zero-crude project, with a total investment of more than 500 million euros, is based on the development of several future-oriented activities in the field of biomass, renewable energies, and the circular economy: chemical recycling of plastic waste, production of biosourced and biodegradable bioplastics, production of biofuels for the aviation sector, construction of a solar farm and electricity storage by batteries. The start-up of these new units will begin in 2022, and they should all be operational by 2025.
TotalEnergies is developing Sustainable Aviation Fuels (SAF). These are biofuels produced from waste and residues from the circular economy (animal fats, used cooking oils, etc.) and "e-jets", synthetic fuels for aviation. These sustainable aviation fuels will significantly reduce CO2 emissions from air transport
>> In Company Spotlight: Total SE
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
SARIA is a German family-owned company with operations around the globe. Committed to the principles of the circular economy, the Group's activities are centered around converting products of animal origin and other organic materials into highly valuable and sustainable ingredients for the food, animal feed, pet food, pharmaceutical, and energy sector.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌿 Inherit Enters Operation With World's First Carbon Removal Project From Biogas in Norway 🏭 First Ammonia Bets on 2026 FID After Topsoe Exit 🧪 Hydrogen Filling With 90 Tonnes at...
Inside This Issue 🌱 Liferaft Announces a 10-Year, 1 Million Carbon Removal Units Offtake Agreement with Microsoft 🏭 ExxonMobil Fires Up Second CCS Hub in Louisiana with NG3 🚢 Powering Global Marit...
Inside This Issue 🍺 AirCapture And Almanac Beer Co. Launch World’s First Commercial Beer Carbonated With Co2 Captured From The Atmosphere With Direct Air Capture 🌱 Boeing Signs Record Carbon Remov...
SuMo And Velocys Commission Fischer-Tropsch System, Advance UK Waste-to-SAF Demonstration
Key early milestone strengthens the technical and commercial case for the UK's emerging waste-to-SAF industry Sustainable Molecules Ltd (SuMo) and Velocys have successfully commissioned a UK-first...
Gevo, Inc. (NASDAQ: GEVO), a leader in sustainable fuels and carbon management, today announced that it is developing plans for a potential expansion at the site of its Gevo North Dakota facility (...
Volvo Group, Daimler Truck, cellcentric and Toyota Motor Corporation signed a non-binding Memorandum of Understanding to collaborate on fuel cell technology. Toyota Motor Corporation aims to inves...
Symbiosis Announces New Carbon Offtake Agreements With Living Carbon
Coalition Members Google, McKinsey, and Meta Commit to Reforestation of Former Mine and Agricultural Lands in the U.S. Symbiosis Coalition today announced new long-term carbon removal offtake agre...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.