STOCK TITAN

International consortium to advance decarbonisation of the aviation sector

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

On May 24, 2022, Sasol (NYSE: SSL) announced the launch of the CARE-O-SENE project in Johannesburg, aiming to develop advanced catalysts for sustainable aviation fuels (SAF). Funded by the German Federal Ministry and Sasol, this three-year initiative involves key partners, including Helmholtz-Zentrum Berlin and several research institutions. Aimed at commercializing green kerosene production by 2025, the project utilizes Fischer-Tropsch technology to enhance fuel yield over 80%. This collaboration seeks to support the aviation sector's decarbonization efforts.

Positive
  • Sasol leads the CARE-O-SENE project, enhancing its position in sustainable fuel technology.
  • The project aims for over 80% fuel yield, optimizing resource use.
  • Funding from the German Federal Ministry indicates strong support for the initiative.
Negative
  • None.

CARE-O-SENE research project will develop advanced catalysts for sustainable aviation fuels

JOHANNESBURG, South Africa, May 24, 2022 /PRNewswire/ -- Sasol (JSE: SOL, NYSE SSL) and Helmholtz-Zentrum Berlin (HZB) will lead a consortium to develop and optimise next-generation catalysts that will play a key role in decarbonising the aviation sector through sustainable aviation fuels (SAF).

At a ceremony at Sasol's global headquarters in Johannesburg today, South African President Cyril Ramaphosa and German Chancellor Olaf Scholz attended the launch of CARE-O-SENE (Catalyst Research for Sustainable Kerosene) research project, to be funded by the German Federal Ministry of Education and Research (BMBF) and Sasol.

Sasol joins forces with five other world-leading organisations in Germany and South Africa to accelerate the development of catalysts that are essential to produce green kerosene on a commercial scale through Fischer-Tropsch (FT) technology.

"We are delighted to have been selected to lead this important project," said Fleetwood Grobler, President and Chief Executive Officer of Sasol Limited. "Our expertise in FT technology and catalysts makes us the ideal partner to help Germany and the world decarbonise the aviation sector and make it sustainable over the long-term."

Prof. Dr. Bernd Rech, Scientific Managing Director of HZB adds, "CARE-O-SENE will enable us to accelerate innovation in a crucial field of green energy. This can only be achieved in a global partnership by deeply integrating fundamental research and technology development on an industry relevant scale."

Other CARE-O-SENE project partners include the Fraunhofer Institute for Ceramic Technologies and Systems (IKTS), the Karlsruhe Institute of Technology (KIT), the University of Cape Town, Department of Chemical Engineering (UCT) and INERATEC GmbH. The consortium expresses its sincere gratitude to the German Federal Ministry of Education and Research for supporting these important efforts.

CARE-O-SENE will run for three years and pursues the goal of setting the course for large-scale commercialisation of green kerosene production by 2025 with its research on catalysts. Catalysts are used to speed up chemical reactions, increase the yield and improve the quality of refined products. The new FT catalysts are expected to increase the fuel yield of the process to over 80 percent, thereby optimising use of resources.

Unlike conventional kerosene derived from fossil feedstocks, SAF can be made from green hydrogen and sustainable carbon dioxide sources. Developing SAF is key to a sustainable decarbonisation of the hard-to-abate aviation industry, and the main lever for net zero aviation. The underlying technology to developing SAF at scale from green hydrogen and sustainable carbon sources is FT technology, in which Sasol has been a global leader for more than 70 years.

Issued by:

Alex Anderson, Head of Group Media Relations
Mobile +27 (0) 71 600 9605;
alex.anderson@sasol.com 

Matebello Motloung, Manager: Group Media Relations
Mobile: +27 (0) 82 773 9457
matebello.motloung@sasol.com

Other Press contacts:
Sunna Schulz, Senior Manager Corporate Affairs Eurasia Chemicals
Direct telephone: +49 40 63684-1364; Mobile: +49 152 0835 3881
sunna.schulz@de.sasol.com

Helmholtz-Zentrum Berlin für Materialien und Energie
Silvia Zerbe, Manager Public Relations:
Direct telephone: +49 30 8042-42607
silvia.zerbe@helmholtz-berlin.de

About Sasol:

Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate sophisticated technologies and processes into world-scale operating facilities. We safely and sustainably source, produce and market a range of high-quality products in 23 countries, creating value for stakeholders. Our purpose 'Innovating for a better world' compels us to deliver on triple bottom line outcomes of People, Planet and Profit, responsibly and always with the intent to be a force for good. We have prioritised five Sustainable Development Goals to ensure our business is environmentally, socially and economically sustainable.

About Sasol's Information Privacy Policy:

We wish to inform you about the processing of your Personal Information by Sasol South Africa Limited and your rights under applicable data protection law, as interpreted and included in Sasol Information Privacy Policy.

Within our company, only Sasol Group Media Relations will receive your Personal Information to fulfil the purpose of maintaining the relationship with the receiver in his/her capacity as a member of the media. You have the right to request for the correction or deletion of your Personal Information stored by us at address: Sasol Place, 50 Katherine Street, Sandton in Johannesburg. You also have a right to restrict the processing of your Information. To exercise your privacy rights or find out more about Information Privacy Policy, kindly contact our Privacy Office on: privacy@sasol.com 

HZB boilerplate

Helmholtz-Zentrum Berlin für Materialien und Energie (HZB) researches solutions for a climate-neutral society. Scientist are developing and optimising efficient and cost-effective energy materials for solar cells, batteries and catalysts. With 1200 employees, HZB is one of Germany's largest non-university research centers in the field of energy research and is a member of the Helmholtz Association. More Information: www.helmholtz-berlin.de

Cision View original content:https://www.prnewswire.com/news-releases/international-consortium-to-advance-decarbonisation-of-the-aviation-sector-301554515.html

SOURCE Sasol

FAQ

What is the CARE-O-SENE project?

The CARE-O-SENE project is an initiative led by Sasol to develop advanced catalysts for sustainable aviation fuels, aiming for commercialization by 2025.

Who are the partners in the CARE-O-SENE project?

Partners include Helmholtz-Zentrum Berlin, the Fraunhofer Institute, Karlsruhe Institute of Technology, and the University of Cape Town.

How will the CARE-O-SENE project impact the aviation sector?

The project aims to decarbonize the aviation sector by developing sustainable aviation fuels, contributing to lower carbon emissions.

When was the CARE-O-SENE project launched?

The CARE-O-SENE project was launched on May 24, 2022.

What technology does Sasol utilize in the CARE-O-SENE project?

Sasol utilizes Fischer-Tropsch technology to produce sustainable aviation fuels from green hydrogen and sustainable carbon sources.

Sasol Limited

NYSE:SSL

SSL Rankings

SSL Latest News

SSL Stock Data

2.93B
636.32M
1.82%
0.65%
Specialty Chemicals
Basic Materials
Link
United States of America
Johannesburg