Boeing has agreed to purchase 5.6 million gallons of blended SAF produced by Neste to support commercial operations through 2023, doubling the company’s procurement for 2022.
On Wednesday (February 15, 2023), Boeing announced that they will double their 2022 sustainable aviation fuel (SAF) procurement this year to support their U.S. commercial operations. The company has agreements to purchase 5.6 million gallons (21.2 million liters) of blended SAF produced by Neste, the world’s leading SAF producer. The purchase agreements include a supply of Neste My Sustainable Aviation Fuel™, which is blended with conventional jet fuel at a 30/70 ratio to produce blended SAF. Neste’s MY SAF in made from 100 percent renewable waste and residue raw materials, such as used cooking oil and animal fat waste, while meeting strict sustainability criteria.
In today’s announcement, Boeing’s Vice President of Sustainability, Sheila Remes, said,
“We are demonstrating our commitment to reduce our carbon footprint and catalyze the SAF industry. This SAF procurement makes up 25% of Boeing's total jet fuel needs for last year including our production, delivery, Boeing ecoDemonstrator, and Dreamlifter flights, and we aim to increase that portion in the years to come.”
Under the purchase agreements, EPIC Fuels and Signature Aviation will provide 2.3 million gallons and Avfuel will supply 300,000 gallons of blended SAF for the Boeing ecoDemonstrator flight test program and the company’s commercial sites in Washington and South Carolina. Boeing will also buy an additional 3.0 million gallons of the same blended SAF from EPIC Fuels and Signature Aviation, which will generate emissions reduction credits for commercial deliveries, Dreamlifter and executive flights. In 2021, Boeing committed to deliver commercial airplanes capable and certified to fly on 100 percent SAF by 2030.
Boeing (NYSE: BA) is a global aerospace company and leading supplier of commercial airplanes, defense, space and security systems, as well as global services. The aerospace giant tops the list of the largest U.S. exporters, providing a significant positive impact to America’s annual GDP. Boeing supports government and commercial customers in over 150 countries and employs more than 160,000 team members worldwide. As Boeing continues to deliver for customers, they are committed to their legacy of aerospace leadership in technology and innovation and living the company’s core values of safety, quality and integrity.
Source: Boeing/PRNewswire