(Global Bioenergies) Global Bioenergies’ process becomes one of the very few Sustainable Aviation Fuel (SAF) technologies in the world certified by ASTM International. Global Bioenergies’ fuel can now be blended up to 50% with fossil kerosene in existing airplanes.
As a reminder, the airline industry requires the fuel used in airplanes to be ASTM certified. SAF are certified worldwide through the ASTM D7566 standard, which describes the fuel specification requirements and the maximum blending percentage with conventional fuels. This standard allows them to be considered as ‘drop-in’ fuels, which means they can be used safely in existing airplanes and infrastructures worldwide. The inclusion of new SAF production processes in the ASTM standard requires an in-depth assessment of the fuel’s performance, after which a voting procedure is launched.
The voting process has now been successfully completed after consultation of the ASTM main committee. The updated ASTM D7566 standard will be published in the coming weeks.
Marc Delcourt, Co-founder and CEO of Global Bioenergies, comments: “This positive vote is a tremendous recognition for Global Bioenergies and we thank the SkyNRG team for their great support in this ambitious process over the last years. It comes at a time when Europe has just adopted the RefuelEU plan, which aims at gradually increasing the production and incorporation of SAF, from 2% in 2025 to 6% in 2030 and up to 70% by 2050. To date, SAF represent only 0.1% of aviation fuels. This ambition is based on the construction of a very large number of plants. The target of 2% by 2025 will be reached thanks to emerging technologies based on waste oil. Subsequent targets will have to be based on the commercial success of innovative technologies like ours. »
Maarten van Dijk, Co-founder and Chief Development Officer at SkyNRG states: “Reaching the SAF certification for Global Bioenergies’ process is a great achievement for both our teams and a perfect example of what is needed to drive innovation and build a more sustainable aviation industry. To reach net zero emissions, the industry now needs solid partnerships to realise the increase in production capacity. These include partners who commit to meaningful SAF offtakes, investors that recognize the importance of SAF in their portfolio and are willing to fund projects, and visionary leaders and governments who recognize and can address the investment hurdles that remain.” READ MORE
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- Global Bioenergies raises its ambitions: Increased plant sizing to reach larger volumes and more competitive prices; Production aimed at the cosmetics market, then sustainable aviation fuels; Preparation of model replicability for international deployment (Global Bioenergies)
- Global Bioenergies: strong progress in first half 2023: First half revenue of €3.1 million; Reduction of net loss; ASTM certification obtained for Sustainable Aviation Fuel technology (Global Bioenergies)
- Start of the balloting process for ASTM certification of Global Bioenergies’ technology to Sustainable Aviation Fuel (Global Bioenergies)
- Global Bioenergies ISO 9001 certified (Global Bioenergies)
Excerpt from Global Bioenergies: Global Bioenergies (FR0011052257 – ALGBE), a specialist in the conversion of plant-derived resources into chemical compounds used in many cutting-edge fields such as cosmetics and energy, has raised its industrial ambitions and decided to adjust its roadmap to focus as of now on a plant project with greater production capacity than the ViaViridia plant in order to meet the expectations of its industrial, commercial and financial partners. This plant, designed to produce 10,000 tonnes of isobutene and derivatives per year (compared to 2,000 tonnes in the previous project), will target the cosmetics market, followed by the sustainable aviation fuel market, for which Global Bioenergies has just obtained ASTM certification.
Marc Delcourt, co-founder and CEO of Global Bioenergies, said: “We have delivered our first orders and our first-half revenue totalled €2.4 million. Guided by the current trend of a ramp-up in renewables, along with strong markets traction on the topic and technical progress regarding our direct path process, we are changing our roadmap. The commercial activities of the Pomacle unit, while generating sales but with a low associated margin, are no longer a priority. We are now focusing all our efforts on building this larger plant, scheduled to come on stream at the end of 2027. At the same time, we are already starting to deploy our technology in other regions and using other feedstocks alongside international industrial groups.”
For L’Oréal, Global Bioenergies’ biggest shareholder via its BOLD (Business Opportunities for L’Oréal Development) investment fund, the plan for a large-capacity plant resonates with the environmental challenges and commitments taken as part of its L’Oréal for the Future programme. Ana Kljuic, Vice President R&I L’Oréal for the Future & Green Sciences, added: “Our commitment for 2030 is for 95% of the ingredients used in our formulas to be bio-sourced, derived from abundant minerals or from circular processes. This new ambition for Global Bioenergies will make bio-sourced isobutene derivatives accessible at competitive prices to cosmetics markets and, beyond that, will enable everyone to play an active part in the environmental transition.”
Global Bioenergies will release design and construction schedules by the end of 2023.
About GLOBAL BIOENERGIES
Thanks to its unique process, Global Bioenergies offers a renewable alternative to oil-based derivatives by producing chemical compounds from plant residues for use in many cutting-edge fields such as cosmetics and energy. These drop-in compounds have the same properties as oil-based products while improving carbon footprint and naturalness. Global Bioenergies’ sustainable aviation fuel technology is one of the very few ASTM-certified technologies that can be used in any commercial aircraft worldwide. The Company’s vision is to reduce CO2 emissions in the aviation sector and thereby curb global warming. Global Bioenergies is listed on Euronext Growth Paris (FR0011052257 – ALGBE). READ MORE
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