Egypt is mulling to build a plant to produce the environment-friendly sustainable aviation fuel (SAF) in partnership with US-based conglomerate Honeywell.
Egyptian Oil Minister Tareq Al-Mulla discussed the possible partnership with Honeywell executives in Cairo on Friday, newspapers reported on Sunday.
According to reports, Mulla told the executives that the Ministry has launched a feasibility study for the project, which will produce nearly 120,000 tonnes per year.
The Northern Mediterranean port of Alexandria could be the base for the plant to produce SAF, which can be made from non-petroleum-based renewable feedstocks, the daily reported, citing Al-Mulla.
Last year, President of Honeywell International for Egypt and North Africa Khaled Hashem said that the company is set to invest around $200 million in petrochemicals and green fuel production for airplanes in Egypt.
