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Fri, Jun 01, 2018

Shell Aviation And SlyNRG Agree To Strategic Collaboration

Will Advance Use Of Sustainable Aviation Fuel

Shell Aviation and SkyNRG have announced a long-term strategic collaboration to promote and develop the use of sustainable fuel in aviation supply chains. The collaboration combines Shell Aviation’s technical and commercial expertise, world-class supply chain and carbon management operations with SkyNRG’s proven track record of supplying sustainable aviation fuels and in-depth knowledge of this market.

The agreement will see Shell Aviation and SkyNRG work together to develop long-term opportunities for low carbon solutions. These efforts are structurally supported by committed funding to a joint business development fund.

“We want Shell to be a leader in the low carbon transition in aviation fuels,” said Anne Anderson, Vice-President Shell Aviation. “Today’s agreement with industry pioneers SkyNRG demonstrates the type of progressive collaboration which can help us move us towards a lower carbon emissions future. Working together, we believe we can advance sustainable solutions for the benefit of our entire industry.”

The agreement is a multi-year collaboration, with both companies acknowledging that the path to lower carbon emissions in aviation requires long-term commitment. The collaboration will focus on the joint development and funding of new opportunities to extend the use of and build more resilient supply chains for sustainable aviation fuels. This will be coupled with the development of a range of comprehensive carbon management options that will provide support to Shell Aviation and SkyNRG customers.

"In addition to bringing together the right mix of technical expertise and operational excellence, it’s the shared ambitions of SkyNRG and Shell Aviation to develop this new industry that make this collaboration an obvious one," said Maarten van Dijk, CEO SkyNRG. "Shell Aviation’s long-term commitment to develop this new market sends a strong signal that the involvement from all players across the industry is critical to delivering the sustainable solutions that are vital for the future of aviation."

(Source: Shell Aviation news release)

FMI: www.shell.com, www.skynrg.com

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