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Sasol and Topsoe to form future SAF business JV

Sasol and Topsoe to form future SAF business JV
On June 21, 2023, Fleetwood Grobler (left), President and CEO of Sasol, and Roeland Baan, CEO at Topsoe signed an agreement to establish a 50/50 joint venture to build, own, and operate sustainable aviation fuel plants (photo courtesy FuelCellWorks).

South Africa-headed integrated chemicals and energy major Sasol Ltd, and Denmark-headed Topsoe A/S, 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.

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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 percent of global carbon emissions.

Sustainable aviation fuels (SAF) decarbonizing air transport are called for globally by industry and regulators.

Develop, build, own, and operate SAF plants

The future joint venture, which was first announced in February 2023, 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 SAF.

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 a testament to the decades of collaboration between our two companies, said Fleetwood Grobler, President and CEO of Sasol.

The purpose of the Sasol Topsoe JV is to develop, build, own, and operate SAF plants, and market SAF derived primarily from non-fossil feedstock, utilizing green hydrogen, sustainable sources of carbon dioxide (CO2), and/or biomass with a specific focus on Sasol’s Fischer Tropsch (FT) and Topsoe’s related technologies.

Together, this proven partnership intends to bring future-proof solutions to the market.

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, said Roeland Baan, CEO at Topsoe.

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