The deal, finalized on Monday, builds on a partnership that began in November, when Cathay Pacific started using SK Energy’s sustainable fuel for all aircraft departing from Incheon International Airport. The companies plan to expand the use of low-carbon fuel across additional routes.
The agreement comes two months after SK Energy made its first exports of sustainable aviation fuel to Europe, reinforcing its position in the Asia-Pacific market, which accounts for more than 80 percent of South Korea’s refined fuel exports.
In September, SK Energy began commercial production of sustainable aviation fuel, with an annual capacity of 100,000 tons. The company employs a co-processing method, integrating biofuel feedstock pipelines into its existing petroleum refining infrastructure to produce lower-carbon products, including sustainable aviation fuel and bio-naphtha.
Global demand for sustainable aviation fuel has surged since 2021, when the International Air Transport Association adopted a resolution to cut carbon dioxide emissions from air travel by 50 percent from 2005 levels by 2050.
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