HD Hyundai Oilbank is first Korean exporter of SAF

[Courtesy of HD Hyundai Oilbank Co.]

HD Hyundai Oilbank Co. has become the first South Korean company to export sustainable aviation fuel (SAF).

The refinery announced on Sunday that it would supply SAF to Japan’s commercial air carrier All Nippon Airways via Japanese trading company Marubeni Corp.

SAF is an eco-friendly fuel made from bio-based raw materials, such as waste cooking oil. In SAF production, HD Hyundai Oilbank used what is known as co-processing, which combines petroleum-based raw materials with bio-based raw materials in an existing refinery.