The Australian: $30m leg up for greener air travel ambitions as Japanese giant invests in Jet Zero Australia

The Australian company hoping to become the country’s first major producer of sustainable aviation fuel, has attracted almost $30m in funding.

Jet Zero Australia plans to establish a production plant in Townsville using alcohol-to-jet technology pioneered in the US.

In a major boost, the company has signed one of Japan’s largest energy conglomerates, Idemitsu Kosan, as a strategic shareholder.

It will be Idemitsu’s first investment in a SAF project outside Japan, and representative Masahiko Sawa said it would help strengthen the global SAF supply chain.

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