DL E&C announced on December 13 that it has signed a contract with US petrochemical and energy technology company Kellogg Brown & Root (KBR) to conduct a feasibility study for a sustainable jet fuel production project using Alcohol to Jet (ATJ).
The aviation industry has announced a mandatory percentage of sustainable jet fuel to achieve carbon neutrality by 2050. In response, leading refiners are embarking on business development and technology research and development.
TMR, a global market research firm, estimates that the global market for sustainable aviation fuel is valued at $186.6 million in 2021 and is expected to reach $402 billion by 2050, growing at a CAGR of 26.2%.
Beginning with this agreement, DL E&C and KBR will combine their strengths and expertise to provide sustainable jet fuel producers with business development proposals utilizing ATJ technology. DL E&C will work on the preliminary design (FEED), detailed design, procurement, construction (EPC), and commissioning of the production plant.
KBR will be responsible for basic design, a pre-fabrication phase, providing source technology and offering solutions for catalyst selection and maintenance. Together, the companies will provide a total solution for the sustainable aviation fuel industry.
"As the application of sustainable jet fuel expands internationally, DL E&C will collaborate with global companies to provide a variety of solutions and establish a leading position in the sustainable jet fuel industry," said Yoo Jae-ho, Head of DL E&C Business Unit.
