Azure announces plans to develop SAF production facility
Published by Poppy Clements,
Editorial Assistant
Hydrocarbon Engineering,
Since June 2023, Azure has been progressing a FEED study, which is on track for completion in 2024. Azure is targeting a final investment decision (FID) by early 2025; if approved, the company is targeting to reach first production in 2027.
The facility would use commercially proven technology, allowing for efficiency in speed to market and future expansion. Once fully operational, the facility will produce approximately 135 million gal./yr of renewable fuels, primarily SAF. The use of Azure's SAF will reduce global aviation emissions by approximately 1 million tpy, equivalent to removing emissions from roughly 200 000 cars annually.
There will be significant job creation throughout the construction and during operations of the facility. Approximately 1500 workers will be required through construction, and operations will require approximately 150 full-time positions. Azure is dedicated to supporting the local economy and prioritising local sourcing, where feasible.
Azure has also received significant support from the local government. On 18 December 2023, the Montgomery County Commission approved various tax incentives to help support the project. These incentives include a 10-year property tax exemption and an exemption on sales tax on construction materials and labour.
"We are pleased to have the opportunity to bring this project to Kansas," said Douglas Cole, CEO of Azure. "Our project combines advancements from the aviation sector with the strength of the agricultural community, while relying on the skills and expertise of the oil and gas industry. We believe that our project would help to enhance Kansas' rich aviation history and create a significant number of new construction and high-quality operations jobs. A project of this scale would not be possible without the support of local authorities, including the Montgomery County Commission."
Azure's goal of producing SAF with the lowest emissions is further supported through an executed letter of intent with CapturePoint Solutions to explore the opportunity to tie-in to its existing and operating carbon dioxide (CO2) sequestration network and infrastructure.
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/05012024/azure-announces-plans-to-develop-saf-production-facility/
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