US-based sustainable aviation fuel (SAF) producer and low-carbon solutions provider World Energy LLC has announced a six-year, up to 27-million neat (US) gallons (≈ 102 million litres) agreement with the global energy management company World Fuel Services Corporation.
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World Energy and World Fuel Services have worked closely since 2016 to provide both SAF supply and logistics for major carriers like United Airlines, Air France-KLM Group, and JetBlue Airways.
The new contract has the potential to reduce over 200,000 tonnes of carbon dioxide (CO2) emissions from air travel.
We have been collaborating with World Energy since 2016, and this new agreement demonstrates the strength of our joint commitment to decarbonization. Our work together has enabled not only the significant expansion of World Energy’s Paramount refinery but also advances a greener future for the aviation industry by significantly increasing the immediate availability of SAF across World Fuel’s extensive network of FBO, business, and commercial aviation customers, said Brad Hurwitz, SVP of Supply and Trading at World Fuel Services.
World Energy controls its entire process from start to finish and is one of the only SAF producers that manufactures its product entirely in the United States.
Its Paramount, California (CA) facility uses renewable feedstocks – including agricultural waste, fats, and oils – to produce neat SAF certified by Roundtable on Sustainable Biomaterials (RSB) certified that reduces emissions by 84 percent compared to the same volume of traditional jet fuel.
World Energy is also the only company producing RSB-certified SAF.
This long-term commitment from World Fuel Services shows confidence not only in the best-in-class carbon intensity of our fuels but in the strength of the sustainable aviation fuel industry as a whole. Our continued partnership with World Fuel Services promises to deliver sustainable fuels at the scale necessary to meet customers’ ambitious emissions reduction targets and help them decarbonize their operations, said Gene Gebolys, CEO at World Energy.