The United Airlines Ventures Sustainable Flight Fund is investing in Twelve, a company engaged in the research and development of low-carbon fuels.
They synthesize hydrogen from carbon and water and process it as a raw material for sustainable aviation fuel (SAF). They have signed a contract to supply 785,000 tons to the International Airlines Group (IAG) over 14 years.
By mid-2023, construction of a production plant in Moses Lake, Washington State, USA, will commence, with production expected to start within the year. It is projected to produce 50,000 gallons of SAF annually.
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