ENEOS & Mitsubishi to accelerate large-scale production study of Sustainable Aviation Fuel (SAF) at the Wakayama Plant in Japan
ENEOS Corporation (Representative Director and President: Yamaguchi Atsuji; “ENEOS”) and Mitsubishi Corporation (Representative Director, President and CEO: Nakanishi Katsuya; “MC”) have agreed to jointly conduct a Front End Engineering Design to advance the study of Sustainable Aviation Fuel (“SAF”) production facility at the ENEOS Wakayama Plant in Arida City, Japan (the “FEED”). ENEOS has been studying the feasibility of such a facility since 2022. To advance this study to the next stage, ENEOS and MC, who have been jointly assessing the feasibility on the commercialization of SAF, will work together on the FEED. ENEOS has an established sales network, manufacturing and refining technologies and the expertise in feedstock procurement, while MC has expertise in the procurement of feedstock in Japan and around the world. By combining each companies' respective strengths, ENEOS and MC will accelerate the study with the aim of developing large-scale production of SAF in Japan. The f...