ADNOC announced its Ruwais Refinery has received International Sustainability Carbon Certification for the production of SAF, making it the first company in the Middle East to earn the distinction, said Hydrocarbonprocessing.
This important milestone underscores ADNOC’s commitment to collaborating with its customers to accelerate their decarbonization journeys.
The ISCC EU/CORSIA PLUS "Co Processing" international certification enables ADNOC to supply its SAF to international airlines at Abu Dhabi Airport. It is produced from used cooking oil feedstock that is blended with jet fuel at ADNOC’s Ruwais Refinery. The first batch, enough to fuel a return 787-10 Dreamliner flight from Abu Dhabi to Paris, will be available later this month.
Sultan Al Bigishi, Acting-CEO of ADNOC Refining, said: “The development of sustainable aviation fuel is a key part of our strategy to deliver lower carbon fuels to our customers. We are committed to supporting the aviation industry’s effort to ramp-up the use of sustainable aviation fuel as one of the key pillars to decarbonize air travel.”
ADNOC Global Trading is responsible for sourcing suitable bio feedstocks from the market into refinery operations. As our face to the market, trading can ramp up these activities to supply global and domestic customers with lower-carbon and more sustainable alternative fuels, products and feedstocks.
We remind, Abu Dhabi National Oil Co has increased its buyout offer for Covestro AG to around 11 billion euros (USD12.3 billion). ADNOC's latest bid values Covestro at about 57 euros per share, the person said, up from a mid-50 euro per share range. Covestro had rejected ADNOC's initial takeover proposal last month, saying the offer was too low. A Covestro spokesperson declined to comment, while ADNOC did not immediately respond to a Reuters request for comment.
mrchub.com