Montana Renewables, World Energy team to scale SAF deliveries
Montana Renewables and World Energy Clean Fuels announced a sustainable aviation fuel (SAF) agreement that will deliver more than 70m gallons to the market over three years.
Under the agreement, World Energy will provide feedstock to Montana Renewables which will produce SAF on their behalf. MRL is one of the largest SAF producers in North America and is set to significantly increase SAF production capacity with its MaxSAF 150 expansion.
World Energy has been a leader in advanced bioenergy and low carbon solutions over three decades and is the world’s first commercial scale SAF producer. Through this deal, MRL and World Energy will work towards accelerating SAF and emissions credit supplies to meet the growing demand.
“MRL’s MaxSAF expansion project is progressing rapidly and is on track to deliver economic benefits to the region’s farmers, ranchers, and energy-related economy this spring,” said Bruce Fleming, CEO, Montana Renewables.
Once produced, World Energy will take the physical SAF and offer it in the market.
“They’ve been around a long time, the parent company’s been around a long time, and they’re doing good things. There are only a small number of SAF producers in the world — I think we’re all trying to support the expansion of the industry,” Gene Gebolys, World Energy CEO tells SAF Investor.
Gebolys said that they have been exploring partnership with Montana Renewables and discussions were ongoing for years.
“We’ve been talking with Montana for years. They had come to LA a number of times and we shared with them what we were doing. We’ve been to their facility a number of times. We’ve been collaborating with Montana for many years, and this was a natural extension of where we are in our business,” says Gebolys.
World Energy is working with a wide variety of sectors. Mostly companies that are aviation-dependent — air freight and have a big aviation footprint.
“We are serving many of the most recognized and respected brands in the world in sectors including tech, pharma, aviation, finance, business services, and others to meet their decarbonization commitments,” he adds.
