Boeing has become an early investor in Wagner Sustainable Fuels to support the development of its sustainable aviation fuels (SAF) production facility in Brisbane, increasing Australian SAF supply and reducing aviation’s carbon emissions.
Boeing’s investment in the Wagner refinery aligns with its strategy to support the growth of local sustainable aviation fuel (SAF) production and increase global access to SAF, which is crucial for achieving aviation decarbonisation by 2050. SAF can reduce CO2 emissions by up to 84% compared to traditional jet fuel, yet currently accounts for just 0.1% of global jet fuel consumption.
“We’re proud to invest in this project because it will make a real difference in developing a SAF industry in Australia,” said Kimberly Camrass, Boeing’s sustainability lead for Australia and New Zealand, adding, “Accelerating local SAF supply enables Australia’s own climate goals and supports the global commercial aviation industry’s commitment of net zero CO₂ emissions by 2050.”
“SAF facilities such as Wagner’s new Brisbane site also strengthen Australia’s fuel security, since the country currently imports 90% of its liquid fuel including jet fuel, and the demand is expected to increase by 75% towards 2050,” Camrass said.
Matt Doyle, Wagner Sustainable Fuels Chief Executive Officer said, “Our partnership with Boeing to advance the Wagner SAF refinery in Brisbane is a commitment to proactively grow the SAF industry in Australia. The investment from the Queensland Government and Boeing will underpin Australia’s first, fully integrated SAF production facility. It will create local jobs, contribute to fuel security and reduce greenhouse-gas emissions from aviation.”
LanzaTech Global, Inc., a carbon recycling company, and LanzaJet, Inc., a leading sustainable fuels technology company, are also partnering with Wagner Sustainable Fuels to explore integrating their CirculAir platform into the Brisbane SAF refinery. This joint technology from LanzaTech and LanzaJet converts waste carbon and renewable power into SAF.
“This project allows Australia to continue to stand out as a leader in SAF, now leveraging the solution we co-created with LanzaTech to convert waste carbon into sustainable fuels,” said Jimmy Samartzis, CEO of LanzaJet, adding, “The combination of our platform with the front-end of LanzaTech’s carbon recycling technology makes it possible to create SAF supply in Australia using local waste streams, further supporting the country’s energy security and protecting its natural environment.”