Egyptian investors consider pumping $380 million to produce sustainable aviation fuel: Source ...Egypt

Egyptian investors from the government and private sectors are considering establishing a joint project to produce sustainable aviation fuel with expected investments of US$380 million, according to a government official who spoke to Al-Sharq Business anonymously. The project’s production capacity is estimated at 120,000 tons annually, according to the official, who confirmed that the project participants are the state-owned Egyptian Petrochemical Holding Company, the state-owned Alexandria National Refining and Petrochemical Company (ANRPEC), and a private company operating in Egypt. Sustainable jet fuel, the alternative to the fossil kerosene that powers jet turbines, is derived from a v

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