Summit's JetBio aims for a $2 billion, 1 billion-liter ATJ SAF plant in Brazil

US private equity company Summit Agricultural Group plans to invest about $2 billion to build a sustainable aviation fuel plant in Brazil, targeting a first production timeline of 2030, the company’s CEO Will Moore told Platts on June 3. The facility, to be operated through a new company called JetBio, will produce 1 billion liters (around 254 million gallons or 770,000 mt) of alcohol-to-jet SAFUS private equity company Summit Agricultural Group plans to invest about $2 billion to build a sustainable aviation fuel plant in Brazil, targeting a first production timeline of 2030, the company’s CEO Will Moore told Platts on June 3. The facility, to be operated through a new company called JetBio, will produce 1 billion liters (around 254 million gallons or 770,000 mt) of alcohol-to-jet SAFRead More