Anonymous crypto exchange crypto wallets and more no verification Anonymous crypto exchange
Stock Market News

Boeing to establish R&D facility on sustainable aviation fuel, electrification in Japan

2022.08.01 10:03

Boeing to establish R&D facility on sustainable aviation fuel, electrification in Japan
FILE PHOTO: The Boeing logo is seen on the side of a Boeing 737 MAX at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra

TOKYO (Reuters) – Boeing (NYSE:BA) Co said on Monday it plans to establish a research and development (R&D) facility in Japan to further development in sustainable aviation fuel (SAF) and to advance electric and hydrogen aircraft technology.

The facility will also focus on robotics, digitalisation, automation and carbon fibre composite materials for the aviation industry, the U.S. aircraft manufacturer said in a news release.

The global airline industry’s target of net zero emissions by 2050 is heavily reliant on its ability to produce more SAF, though electric and hydrogen-powered planes could play a smaller part in emissions reductions.

The industry requires huge investment in SAF, which uses feedstock such as animal fat and cooking oil and which is currently in short supply and far more expensive than conventional jet fuel.

The industry aims for SAF production to account for 65% of fuel needs by 2050, up from less than 0.5% in 2021.

Japan lacks SAF production at present, though local airline operators ANA Holdings Inc and Japan Airlines Co Ltd have both committed to using SAF to meet 10% of their fuel needs by 2030 in line with a government target.

In April, French oil and gas company TotalEnergies SE and Japanese peer ENEOS Holdings Inc announced a feasibility study to assess production of SAF at ENEOS’s Negishi refinery in the eastern Japanese city of Yokohama. It could potentially begin production in 2025, targeting capacity of 300,000 tons a year.

Boeing has committed to its planes being certified to fly on 100% SAF by 2030.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 94,530.33 0.37%
ethereum
Ethereum (ETH) $ 3,270.10 0.96%
xrp
XRP (XRP) $ 2.41 4.54%
tether
Tether (USDT) $ 0.999766 0.04%
bnb
BNB (BNB) $ 696.58 0.13%
solana
Solana (SOL) $ 186.55 2.47%
dogecoin
Dogecoin (DOGE) $ 0.337301 0.68%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.941839 0.98%
staked-ether
Lido Staked Ether (STETH) $ 3,269.06 1.01%
tron
TRON (TRX) $ 0.242667 0.24%
avalanche-2
Avalanche (AVAX) $ 36.74 1.90%
sui
Sui (SUI) $ 5.01 0.99%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,891.03 0.97%
the-open-network
Toncoin (TON) $ 5.41 3.10%
stellar
Stellar (XLM) $ 0.42374 4.89%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 1.42%
chainlink
Chainlink (LINK) $ 20.14 0.77%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,416.30 0.29%
hedera-hashgraph
Hedera (HBAR) $ 0.282651 1.44%
polkadot
Polkadot (DOT) $ 6.68 0.29%
weth
WETH (WETH) $ 3,269.41 1.00%
bitcoin-cash
Bitcoin Cash (BCH) $ 438.80 1.48%
bitget-token
Bitget Token (BGB) $ 7.22 11.11%
leo-token
LEO Token (LEO) $ 9.35 3.45%
uniswap
Uniswap (UNI) $ 13.73 3.62%
litecoin
Litecoin (LTC) $ 103.18 1.01%
pepe
Pepe (PEPE) $ 0.000018 1.63%
hyperliquid
Hyperliquid (HYPE) $ 20.16 6.10%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,455.62 0.99%
near
NEAR Protocol (NEAR) $ 5.05 0.51%
usds
USDS (USDS) $ 0.999932 0.06%
ethena-usde
Ethena USDe (USDE) $ 0.999141 0.04%
aptos
Aptos (APT) $ 8.97 1.12%
internet-computer
Internet Computer (ICP) $ 10.23 3.43%
aave
Aave (AAVE) $ 286.95 1.01%
mantle
Mantle (MNT) $ 1.17 1.53%
crypto-com-chain
Cronos (CRO) $ 0.14232 0.64%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.454925 1.10%
ethereum-classic
Ethereum Classic (ETC) $ 25.45 0.18%
render-token
Render (RENDER) $ 7.23 3.03%
mantra-dao
MANTRA (OM) $ 3.87 4.58%
vechain
VeChain (VET) $ 0.044729 2.47%
monero
Monero (XMR) $ 194.56 2.47%
bittensor
Bittensor (TAO) $ 433.59 2.64%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.33 0.46%
dai
Dai (DAI) $ 1.00 0.02%
tokenize-xchange
Tokenize Xchange (TKX) $ 41.79 1.04%
filecoin
Filecoin (FIL) $ 5.18 0.52%
arbitrum
Arbitrum (ARB) $ 0.739677 2.22%