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February 5, 2021 — NetJets, a large private jet company, has invested in WasteFuel, a next generation waste-to-fuel company that transforms landfill waste into sustainable aviation fuel (SAF). NetJets, WasteFuel and Prime Infa, which is a leading infrastructure developer, are in the beginning stages of developing a plant in Manila, Philippines. The plant is expected to be operational in 2025 and when at full capacity, it is anticipated that the biorefinery will convert 1 million tons of municipal waste into 30 million gallons of SAF annually. WasteFuel states that the fuels they produce will burn with an 80% reduction in carbon compared to fossil fuels.
More information about this can be found here.
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