Major real estate firm Mitsubishi Estate Co. and plant operator JGC Holdings Corp. have reached a basic agreement to cooperate in the collection of waste cooking oil for use in producing sustainable aviation fuel (SAF), which has been touted as a means to significantly reduce carbon dioxide emissions, it has been learned.
With the government setting a goal of having domestic production of SAF start by fiscal 2025, it marks an example of how the private sector is also moving into full-scale production and utilization of SAF.
