February 24, 2012 – LanzaJet announced that Cosmo Oil Co. Ltd (Cosmo Oil) has been awarded a FY2024 subsidy by Japan’s Ministry of Economy, Trade and Industry (METI) in support of a project co-developed with Mitsui planned to utilize LanzaJet technology. The funding marks a significant milestone for large-scale domestic SAF production in Japan and increased SAF supply for the aviation industry.
Cosmo Oil plans to utilize LanzaJet’s proprietary ethanol-to-SAF technology and combine its experience in plant operations, fuel quality control and logistics with Mitsui’s strengths in ethanol sourcing to develop the project and establish a large-scale SAF production facility that will create new business opportunities in Japan’s expanding biofuels industry.
Upon completion, the project is expected to produce approximately 150,000 kiloliters of SAF and 17,000 kiloliters of renewable diesel per year at the Sakae logistics site beginning in 2029.