15 December 2009 17:50 [Source: ICIS news]
HOUSTON (ICIS news)--US renewable fuel supplier AltAir said on Tuesday it is negotiating the sale of up to 750m gal (2.8bn litres) of renewable jet fuel and diesel to 14 major airlines in North America and Europe.
Seattle-based AltAir said it will produce and blend the camelina-derived fuel at a 100m gal/year refinery at the Tesoro oil refinery facility in Anacortes, Washington. If the deal is completed, production of the fuel would begin in 2012, AltAir said.
An AltAir spokesman did not immediately respond to questions of how much the deal would be worth to the company.
Japan Airlines and KLM used camelina-based fuel in test flights in 2009. AltAir said it expects its product to replace about 10% of the fuel consumed annually at Seattle-Tacoma International Airport and reduce carbon emissions by 14bn pounds (635m tonnes) over a 10-year period.
AltAir’s memorandum of understanding calls for it to negotiate the sale of fuel to American Airlines, Air Canada, Alaska Airlines, Atlast Air, Delta Air Lines, FedEx Express, Hawaiian Airlines, Jet Blue Airways, Lufthansa German Airlines, Mexicana Airlines, Polar Air Cargo, United Airlines, UPS Airlines and US Airways.
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