United, Honeywell invest in new clean tech venture from Alder Fuels

We are very proud to welcome United Airlines and Honeywell UOP to our portfolio company Alder Fuels. Together, we will combine our expertise and resources to continue advancing the path to sustainability in aviation. Our goal is to leverage innovative technologies to achieve the large-scale commercialization of sustainable aviation fuel (SAF).

Xavier Adserà, Adequita Capital

United Hub

United agrees to purchase 1.5 billion gallons of sustainable aviation fuel (SAF) over 20 years - which is one and a half times the size of the rest of the world's airlines' publicly announced SAF commitments combined

United and Honeywell today announced a joint multimillion-dollar investment in Alder Fuels – a cleantech company that is pioneering first-of-its-kind technologies for producing sustainable aviation fuel (SAF) at scale by converting abundant biomass, such as forest and crop waste, into sustainable low-carbon, drop-in replacement crude oil that can be used to produce aviation fuel. When used together across the fuel lifecycle, the Alder technologies, coupled with Honeywell’s Ecofining™ process, could have the ability to produce a carbon-negative fuel at spec with today’s jet fuel. The goal of the technologies is to produce fuel that is a 100% drop-in replacement for petroleum jet fuel.

“Alder’s technology revolutionizes SAF production by enabling use of widely available, low-cost and low-carbon feedstock. The industry is now a major step closer to using 100% SAF with our drop-in fuel that accelerates the global transition to a zero-carbon economy.” – Bryan Sherbacow, CEO of Alder Fuels and senior advisor to World Energy, the company that owns and operates the world’s first SAF refinery.

For further information, please visit United’s website here.