• Bloomberg


Japan’s largest airline has signed up for jet fuel made from renewable materials in Singapore in a small step toward more environmentally friendly travel that will add costs for an industry crushed by the coronavirus.

All Nippon Airways signed a preliminary agreement to start buying so-called sustainable aviation fuel (SAF) from a Singapore refinery run by Finland’s Neste Oyj. The deal will be expanded from 2023 when Neste will have capacity to produce 1.5 million tons of SAF a year, ANA said in a statement. The Singapore plant is being enlarged to meet increased demand for diesel and jet fuel produced from waste vegetable and animal fats and oils.

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