Azure Sustainable Fuels Teams Up with Savage: A Leap Forward in Sustainable Aviation Fuel Production
TORONTO - Azure Sustainable Fuels Corp. ("Azure") has taken a significant step in its mission to revolutionize the sustainable aviation fuel (SAF) landscape. In a strategic collaboration with global supply chain giant, Savage, and its agribusiness arm, Bartlett, Azure is poised to accelerate its SAF production plans by 2027.
- Strategic Alliance: This partnership brings together Azure's vision for SAF production and Savage's expertise in logistics infrastructure, agricultural feedstock trading, and brokering. The collaboration is set to fast-track Azure's plans, with Savage and Bartlett providing crucial support in infrastructure, transportation, logistics, rail, and agriculture.
- Accelerated Plans: With the recent kick-off of the Front-end Engineering and Design (FEED) study in June 2023, Azure aims to complete the necessary work for regulatory approvals on its four North American sites by the end of 2024. The partnership with Savage and Bartlett ensures that this timeline is met.
- Innovative Design: Azure's modularized design, built on commercially proven technology, promises swift market entry and potential for future expansion. Once in full swing, each facility will churn out renewable fuels, predominantly SAF, slashing emissions by up to 80% compared to conventional jet fuel.
- Board Addition: The partnership also sees Jason Ray, President, Infrastructure Sector at Savage, joining Azure's Board of Directors. Ray's extensive experience with Savage since 2005 will undoubtedly bring valuable insights to Azure's operations.
- Shared Vision: Both companies share a commitment to sustainability and innovation. Douglas Cole, CEO of Azure, highlighted the importance of Savage's expertise in ensuring the successful development of Azure's facilities. Kirk Aubry, Savage President and CEO, expressed his belief in Azure's vision and the shared goal of enhancing North American SAF supply chains.
About Azure Sustainable Fuels:
Azure is a privately-held corporation with a singular focus on developing renewable fuel production facilities. Its SAF is set to play a pivotal role in meeting domestic and international mandates related to aviation sector CO2 emissions reduction. As a certified drop-in fuel, Azure's SAF promises emission reductions of up to 80% compared to traditional jet fuel. More details can be found at Azure's official website.
About Savage and Bartlett:
Savage, established in 1946, is a global supply chain infrastructure and solutions provider. Bartlett, a Savage Company, boasts over a century of experience in the acquisition, storage, transportation, and merchandising of agricultural products. Both companies are committed to sustainability and innovation in their respective fields.