Jet Zero Australia has completed feasibility studies, negotiated feedstock and offtake agreements, attracted strong financial backers and lenders, and recently commenced engineering activities with a world-leading ATJ technology provider and construction contractor for a first-of-a-kind commercial scale 113 ML pa SAF project in Asia named Project Ulysses, after the iconic North Queensland butterfly.

The $600 million project, expected to be located in North Queensland’s Townsville State Development Area (SDA), will convert bioethanol from domestic agricultural by products into both SAF and renewable diesel.

Delivering Project Ulysses is forecast to help capture the economic benefits of a domestic SAF industry for Queensland. A domestic SAF industry is expected to be worth $3 billion annually and could create up to 15,600 jobs nationwide by 2050. 

Project Ulysses is forecast to directly deliver 1,000 construction jobs and more than 100 direct operational jobs to the Townsville regional economy. The Project also has strong supply chain linkages to other key domestic industries directly employing 350,000 workers and will deliver key demand and employment drivers across the agriculture, aviation, energy, defence and logistics sectors. 

At completion Jet Zero’s Project Ulysses is forecast to: