On March 26, 2024, TotalEnergies and China Petroleum and Chemical Corporation (SINOPEC) signed an agreement to jointly develop a sustainable aviation fuel (SAF) production unit at a SINOPEC refinery in China. The plant, co-owned by the two companies, will have the capacity to produce 230,000 tonnes of SAF a year, using local waste or residues from the circular economy, such as cooking oils and animal fats. SINOPEC has developed its own SAF production technology, called SRJET. As one of Europe’s leading SAF producers, TotalEnergies will contribute its experience and expertise in the technical, operational and distribution fields.
Leaders’ commitments and outlook
Yongsheng Ma, President of SINOPEC Group, said, “This collaboration with TotalEnergies marks a milestone in our strategy to develop low-carbon solutions for China and the world. SINOPEC is committed to providing low-carbon, green energy solutions while improving the quality and efficiency of its asset portfolio.”
Patrick Pouyanné, Chairman and CEO of TotalEnergies, said: “We are delighted to be working with SINOPEC, a major player in the global refining industry, to produce sustainable aviation fuels and structure a SAF production chain in China. The development of sustainable aviation fuels is at the heart of our company’s transition strategy, as we strive to meet the aviation industry’s demand to reduce its carbon footprint. TotalEnergies has set a target of producing 1.5 million tons of SAF per year by 2030.”
