Todays Latest Updates: - 22 July 2025

Biojet/SAF: New Zealand. A new study by Cyan Ventures, with support from Boeing, suggests that producing sustainable aviation fuel (SAF) within New Zealand to supply 30% of the country’s jet fuel demand by 2050 could generate NZD 1.3 billion in Gross Value Added (GVA) and create around 5,700 jobs. The move would also enhance New Zealand’s fuel security. In addition to economic and environmental benefits, the study notes that embracing SAF could help protect an estimated NZD 4.1 billion in tourism revenue and NZD 200 million in trade revenue through 2050. As more countries move to decarbonize aviation, demand for SAF is expected to become standard for both businesses and travellers. Link 22/07/2025

Feedstock: USA. Reuters reported that the US biofuel makers will consume more than half of all soybean oil produced in the U.S. next year as a recent flurry of federal policy moves has transformed the sector, including higher blending mandates and curbs on foreign biofuel imports and feedstocks according to the U.S. Department of Agriculture . In a monthly supply-and-demand report, the USDA sharply raised its outlook for soybean oil use by biofuel producers in the 2025/26 marketing year, which begins October 1, to a record 15.5 billion pounds, up 11.5% from its forecast a month ago and 26.5% higher than the current marketing year. Link 22/07/2025

Hydrogen: India. An Indo-Polish joint venture agreed to explore the development of a green hydrogen-based ammonia facility in India, which could produce up to one million tonnes per year. Under a Memorandum of Understanding (MOU) between the Indo-Polish joint venture JK Srivastava Hynfra (JKSH), in cooperation with Polish company Hynfra P.S.A., and the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP), they plan to invest ₹350bn ($4bn) into the facility. Link. 22/07/2025

Recycling plastic: Japan. This new plant  employs hydrothermal plastic recycling technology (Hydro-PRT™)2 that features supercritical water to chemically break down waste plastic procured externally and convert it into oil. The technology has been made available under a license agreement with U.K.-based Mura Technology Ltd. The recycled oil produced with the technology is used as feedstock at both companies’ existing refinery and naphtha cracker and reprocessed into petroleum products and various chemicals and plastics. Link 22/07/2025

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