Suncor Energy is investing US$15 million to establish LanzaJet, a company that will produce sustainable aviation fuel.
The oil-giant joins Japanese trading and investment company Mitsui & Co. which is investing another $10 million.
The investments, a $14 million grant from the US Department of Energy, along with a partnership with All Nippon Airways, Japan’s largest airline, will allow the construction of an integrated biorefinery.
The biorefinery will be at LanzaTech’s Freedom Pines site in Georgia.
Suncor has also contracted to take a significant portion of the sustainable aviation fuel and renewable diesel to provide its customers with sustainable energy solutions.
President and CEO of Suncor, Mark Little said Suncor is committed to a low carbon future.
“We believe this technology will provide a solid foundation for the commercial production of sustainable aviation fuel and renewable diesel. These products are very complementary to our existing product mix and we see growth potential in both North American and international markets.”
According to a statement, The LanzaJet process can use any source of sustainable ethanol for jet fuel production. That includes ethanol made from recycled pollution.
Production is expected to start in 2022.