Prime Metroline Infrastructure Holdings Corporation (Prime Infra) of tycoon Enrique Razon has tied up with two American firms to put up a bio-refinery plant that can produce cleaner aviation fuel.
Prime Infra will be working with California-based WasteFuel Global LLC and Ohio-based Netjets, Inc. on building the bio-refinery, which aims to turn landfill waste into sustainable aviation fuel (SAF).
“A biorefinery that will convert solid waste into SAF will make a big impact in reducing solid waste and ensuing environmental and health hazards, landfill emissions, and fossil fuel use,” Prime Infra President Gillaume Lucci said in a statement.
WasteFuel is a company that converts municipal waste into aviation-grade biofuel, which is said to emit 80% less carbon compared to traditional fossil fuel-based jet fuel. NetJets, meanwhile, is the world’s largest private jet company.
Prime Infra is Razon’s core infrastructure arm with assets in renewable and sustainable energy, as well as water and construction.
The proposed bio-refinery, when completed, would transform a million tons of waste to 30 million gallons of SAF yearly.
NetJets Executive Vice President of Administrative Services Brad Ferrell said that the company is “deeply invested in advancing sustainability across the industry,” which explains why it chose to invest in producing SAF with WasteFuel.
“The biorefinery tackles the dual environmental problems of the global waste crisis and sustainable fuel, and we’re excited to take this step toward improving accessibility to SAF,” Ferrell said.