World Fuel Services and Neste Sign Supply Agreement for Sustainable Aviation Fuel (SAF)
World Fuel Services(World Fuel) and Neste have signed an agreement to expand the supply of Sustainable Aviation Fuel (SAF).
- This agreement opens up a greater supply of SAF for World Fuel to distribute to customers throughout
- Currently, 13 airports are supplied with SAF by World Fuel, which will increase to over 40 with this agreement.
- In 2023, World Fuel estimates delivering more than 20 times the volume delivered in 2022.
The new supply agreement extends the already strong collaboration on SAF, which brings together Neste's well-established production capabilities with World Fuel's global distribution network and large customer base. With greater committed volumes of SAF from Neste under the new agreement, World Fuel has increased the number of European airports they can supply with SAF from 13 to over 40. This collaboration also paves the way for expanding the accessibility of SAF at more than 100 airport locations presently in World Fuel's European network.
"Neste is fully committed to supporting the aviation industry to achieve its net zero carbon emissions goal. Working closely with partners like
With this agreement, World Fuel builds on its existing track record of providing sustainable energy to customers to reduce carbon emissions. Since 2015, World Fuel has delivered nearly 40 million gallons of SAF to business and commercial aviation customers worldwide. The agreement with Neste will significantly impact the availability of SAF in
"We are excited to have created a framework that enables us to more reliably provide our customers across
About World Fuel Services
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world's leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Our ambition is to make the Porvoo oil refinery in
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CONTACT World Fuel Services: Pete Stevens, +1 281-280-2114, email@example.com; CONTACT Neste: Please contact Neste's media service, tel. +358 800 94025 / firstname.lastname@example.org (weekdays from 8.30 a.m. to 4.00 p.m. EET).