ApeIron BioEnergy is one of Asia's largest collectors of second-hand cooking oil and a global player in biofuels from waste feedstock to final product. ApeIron BioEnergy has entered into a 50:50 joint venture with Australian bioenergy and biofuels company Jet Zero Australia, which is backed by Airbus and Qantas.
The goal of the partnership is to develop low-carbon intensity feedstocks in Australia to help meet the demand for renewable fuels, including the sourcing of waste oils and the production of hydrotreated esters and fatty acids (HEFA) non-edible crops for use in the production of sustainable aviation fuels (SAF).
Under the proposed joint venture, ApeIron BioEnergy is expected to offer its experience and knowledge in waste-based feedstock collection, while Jet Zero Australia will focus on domestic investment in non-food crop processing and refining. Both companies will contribute to the partnership.
Through this partnership, the two companies expect to increase Australian feedstock and renewable fuel capacity for their respective customers.
Commenting on the partnership, Ed Mason, CEO of Jet Zero Australia, said, "It's very exciting to be working with ApeIron BioEnergy, which has established itself as a leader in renewable fuels in the region. In addition, we are honored to be one of the first grant recipients under the Go-Green Co-Innovation Program announced by the Australian and Singaporean governments at the Australia-Singapore Annual Leaders' Meeting. We are grateful for the support of both governments and we remain confident that Australia has the foundations to become a global powerhouse in renewable fuel production, using non-edible crops and other agricultural by-products."
Chris Chen, co-founder of ApeIron BioEnergy, added: "We are excited to embark on this strategic partnership with Jet Zero Australia, which is a perfect fit with ApeIron BioEnergy's mission to drive the transition to a more sustainable energy source. Receiving funding from the Go-Green Joint Innovation Program is a testament to our shared commitment with Jet Zero Australia to advance sustainable aviation fuel (SAF) by leveraging our expertise to build a robust waste collection system and establish feedstock security for sustainable aviation fuel production. This initiative strengthens the bridge between Australia and Singapore in the green sector and we are grateful for the support of both governments."
