DHL leads Asia’s largest SAF purchase to drive aviation decarbonization. (Photo: DHL)
Global courier company DHL is continuing to scale up its use of sustainable aviation fuel (SAF), recently securing the largest SAF purchase in Asia from Finnish oil company Neste.
However, with renewable fuel prices falling and competition for feedstock intensifying, SAF producers are facing shrinking profit margins which makes stable demand a critical factor for industry growth.
DHL expands SAF procurement in Asia with record deal
During a visit to the Changi Airfreight Centre on Aug. 7, Christopher Ong, Managing Director of DHL Express Singapore, said that while SAF is more expensive than conventional jet fuel, failing to invest now will lead to far higher costs in the future as global warming worsens.
