Construction Enquirer - Aaron Morby
A Saudi Arabian global energy firm is set to commit today to a £1bn investment into a ground-breaking sustainable aviation fuel project on Teesside.
It is expected to confirm the investment into its Lighthouse Green Fuels Project, during Boris Johnson’s visit to the country.
Fuel generated at the new plant has the potential to produce 80% less greenhouse gas than its fossil fuel equivalent.
It will use gasification and Fischer-Tropsch technology to convert household and commercial waste into approximately 180m litres of SAF and naphtha.
The firm was previously awarded £2.4m by the UK Government as part of its Green Fuels, Green Skies competition to take forward the project.