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Chinese company targets growing sustainable aviation fuel market

China

China

China

Chinese company targets growing sustainable aviation fuel market

2024-11-24 17:20 Last Updated At:17:37

A leading Chinese aviation fuel maker is setting its sights on the rapidly growing sustainable aviation fuel (SAF) market, driven by the increasing demand for eco-friendly aviation solutions.

SAF is a new type of green jet fuel made from renewable resources or wastes. In recent years, relevant industries in China have grown rapidly, with innovative uses of waste oil to produce sustainable aviation fuel. For example, discarded oil from everyday cooking is now being recycled and converted into fuel for aircraft.

At the recent Airshow China in Zhuhai, south China's Guangdong Province, Sichuan Tianzhou International Trade Co., Ltd., a leading technology company in China specializing in aviation fuel supply, introduced how it has transformed waste oil into SAF.

"I have a bottle of waste hotpot oil in my left hand and a bottle of finished SAF in my right. We collect the kitchen waste oil, remove impurities, and refine it through hydrogenation. Then, we can smoothly blend the processed oil with traditional petrochemical aviation fuel, making it suitable for large aircraft and helping to reduce carbon emissions at every stage of the process," said Chen Yu, general manager of the company.

Compared with traditional petrochemical jet fuel, SAF, made from waste materials such as animal and vegetable oils, household waste, and agricultural and forestry waste, can reduce carbon emissions by nearly 80 percent.

Now, this jet fuel supplier is building its industrial base in Neijiang City, southwest China's Sichuan Province. Once fully operational, the facility is expected to process 500,000 tons of waste animal and plant oil annually, with an estimated output value of around 10 billion yuan (about 1.38 billion U.S. dollars).

"When we first started developing this type of fuel, we received little attention. But since last year, and especially recently, we've been in deep cooperations with international airlines frequently, as well as major domestic airlines and China National Aviation Fuel, about future collaborations and orders," said Chen.

According to a research report from Chinese financial services company Guosen Securities, China currently can produce 350,000 tons of SAF each year, with plans to increase it to 3.53 million tons.

For global climate reduction goals, countries around the world are also accelerating the building of the SAF industry.

"The climate goals of countries worldwide are the same. By 2030, all commercial aircraft should be compatible with the use of SAF, and by 2050, the target is to achieve emission reductions and net-zero emissions," said Yao Junchen, vice president of the Chinese Society of Aeronautics and Astronautics (CSAA).

Chinese company targets growing sustainable aviation fuel market

Chinese company targets growing sustainable aviation fuel market

China's 2026 box office revenue had surpassed 14 billion yuan (about 2.06 billion U.S. dollars) as of Tuesday, fueled by a diverse array of hit movies and consumption promotion campaigns.

The film industry got off to a strong start during the Spring Festival holiday. "Pegasus 3," the latest installment in director Han Han's racing comedy franchise, amassed over 4 billion yuan and remains the year's top grossing film so far.

Released during the Qingming Festival, the comedy drama "It's OK" focused on a mother-daughter bond and resonated strongly with young women, topping April's box office chart with more than 160 million yuan in ticket sales.

During the just concluded May Day holiday, "Dear You," a low budget film in the Chaoshan (Teochew) dialect featuring an almost entirely first-time cast, became one of China's biggest cinematic surprises of 2026. As the highest rated domestic release so far this year, the tear-jerking drama had raked in over 180 million yuan as of Wednesday afternoon.

The five-day May Day holiday, a key period for movie-going, drew more than 20.8 million people to cinemas, a 10 percent jump from a year ago, while the number of screenings rose 2 percent to nearly 2.4 million.

Bolstered by the "2026 China Film Consumption Year" and "China Travel with Chinese Films" initiatives, cinema spending has become a major driver of cultural and tourism consumption. The entire film industry chain has generated over 220 billion yuan in output value since January.

China's 2026 box office surpasses 14 bln yuan

China's 2026 box office surpasses 14 bln yuan

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