TotalEnergies and China Petroleum and Chemical Corporation (SINOPEC) have signed an agreement to jointly develop a sustainable aviation fuel (SAF) refinery at the latter’s plant in China. The facility will be jointly owned and is estimated to have the capacity to produce 230,000 tons of SAF a year using used cooking oil and animal fats.
“This milestone collaboration with TotalEnergies is in line with our strategy in the development of low carbon for solutions for China and the world,” said Yongsheng Ma, group chairman of SINOPEC. “SINOPEC is committed to providing green and low-carbon energy solutions while improving quality and efficiency of its asset portfolio”.
TotalEnergies has set itself a target of 1.5 million tons of annual SAF production by 2030.
SINOPEC and TotalEnergies to develop SAF refinery in China
