Apeiron Bioenergy, a prominent used cooking oil collector in Asia, and Jet Zero Australia, an Australian bioenergy firm backed by Airbus and Qantas, have joined forces in a proposed 50:50 joint venture. This strategic partnership aims to develop low-carbon-intensity feedstocks in Australia to meet the growing demand for renewable fuels, focusing on sourcing waste oils and producing non-edible crops for hydrotreated esters and fatty acids used in sustainable aviation fuel production.

The collaboration between Apeiron Bioenergy and Jet Zero Australia has received grant funding from Enterprise Singapore and the Australian Department of Foreign Affairs and Trade under the Go Green Co-Innovation Program. This programme, established to foster co-innovation between Australian and Singaporean enterprises, aims to stimulate business activities that promote bilateral trade across green growth sectors, including renewable fuels.

Recent Project Workshop (L-R): David Johnston (Jet Zero Australia), Sheri Zuleika (Apeiron), Catherine Wong (Apeiron), Ketti Ketmontri (Jet Zero Australia), Michael Pope (Jet Zero Australia), Edward Choi (Apeiron) and Jayvis Lim (Apeiron).

Under the proposed joint venture, Apeiron Bioenergy will leverage its expertise in waste-based feedstock collection, while Jet Zero Australia will focus on domestic investments in non-edible crop processing and refining. Both companies will contribute capital to the partnership, facilitating the development of renewable feedstock production, processing, and refining capabilities in Australia.

Through this collaboration, Apeiron Bioenergy and Jet Zero Australia anticipate enhancing the capacity of Australian feedstocks and renewable fuels to meet the needs of their respective customers.

Apeiron Bioenergy, headquartered in Singapore, is a leading global player in biofuels derived from waste-based feedstocks, with operations spanning ten countries across Asia. The company boasts a comprehensive value chain encompassing storage, processing facilities, and biofuel refineries.

Jet Zero Australia is an Australian biofuel company with strong capabilities in biofuel production and engineering, focusing on sustainable fuel projects in North Queensland. Supported by industry leaders such as Airbus and Qantas, Jet Zero Australia aims to decarbonize the aviation sector through the production of sustainable fuels.

Commenting on the partnership, Jet Zero Australia’s CEO, Ed Mason, expressed excitement about collaborating with Apeiron Bioenergy, highlighting the potential of Australia to become a global leader in renewable fuel production. He also acknowledged the support received from the Australian and Singaporean governments through the Go-Green Co-Innovation Programme.

Chris Chen, co-founder of Apeiron Bioenergy, echoed Mason’s sentiments, emphasising the shared commitment of both companies to drive the transition towards sustainable energy sources. He praised the grant awarded under the Go-Green Co-Innovation Programme, emphasising its significance in advancing the development of sustainable aviation fuels and strengthening bilateral ties between Australia and Singapore in the green sector.

For more information please visit : jetzero.com.au

13th March 2024