laboratory research science japanese Sojitz Invests in Next Renewable Fuels

Japanese Sojitz Invests in Renewable Fuels in US

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According to the press service of Japanese company Sojitz Corporation, through its fully owned subsidiary Sojitz Corporation of America (SCA), has invested in Next Renewable Fuels, Inc. (Head Office: Texas, U.S.; “NEXT”), which aims to produce next-generation renewable fuels with a low environmental impact in the United States. NEXT plans to construct a plant at Port Westward, Oregon to produce next-generation renewable fuels from used cooking oil, vegetable oil, animal fat, and other materials using HEFA technology, which is currently the only commercially available method for producing sustainable aviation fuel (SAF).

The U.S. plant is anticipated to start commercial operations in 2026.

NEXT aims to produce up to 50,000 barrels (8 million liters) of SAF and renewable diesel per day, or 750 million gallons (2,800 million liters) per year. In addition to SAF and renewable diesel, NEXT has plans for a hydrogen and biomethane gas production business, as well as a feedstock procurement business for the production of next-generation renewable fuels, and a wide range of other decarbonization initiatives.

The U.S. is a major fuel market that accounts for 50% of the world’s aviation fuel use. The U.S. is therefore actively working to promote the manufacturing and popularization of SAF, and the country is expected to be a global pioneer in the supply and utilization of SAF.

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