ANA signs 10-year SAF agreement with Raven SR
All Nippon Airways (ANA) has agreed a 10-year Sustainable Aviation Fuel (SAF) memorandum of understanding with Raven SR.
Raven SR plans to supply 50,000 tons of SAF in 2025 increasing to 200,000 in 2035.
Itochu, the Japanese trading house and an investor in Raven SR, helped negotiate the MOU.
“We are grateful our strategic partner Itochu introduced us to ANA to initiate this landmark agreement for long-term SAF supplies that will foster growth for Raven SR on a global basis and help ANA with its carbon reduction commitments,” said Matt Murdock, CEO of Raven SR. “We expect that our agreement with ANA to supply SAF in strategic markets globally will enable buying local fuel produced from local waste. We see growing interest in such efficiency and circularity in renewable fuel distribution for aviation and other transportation sectors.”
Raven SR plans to convert general waste – including green waste, municipal solid waste, organic waste, and methane from municipal solid waste – into SAF. Its first project will be in California where it plans to start producing SAF in 2025. Raven SR plans to grow its SAF production by 200,000 tons/year until 2034 with projects in both the US and Europe.
“As part of our climate transition strategies, ANA is dedicated to being an industry leader with our environmental commitments. This announcement with ITOCHU and Raven SR will be of great importance and support our mid- and long-term carbon reduction goals,” said Hideo Miyake, executive vice president procurement, ANA.
Japan’s Civil Aviation Bureau has set a target for Japanese airlines to replace 10% of all aviation fuels with SAF by 2030.
Raven SR uses a non-combustion thermal, chemical reductive process that converts organic waste and landfill gas to hydrogen and Fischer-Tropsch synthetic fuels.
Itochi invested in Raven SR in August 2022.