LANZAJET TECHNOLOGY DEPLOYMENT ADVANCES IN JAPAN AS COSMO OIL SECURES GOVERNMENT FUNDING FOR SIGNIFICANT ETHANOL-TO-SAF PRODUCTION PROJECT [Yahoo! Finance]
MITSUI & CO LTD ADR (MITSY)
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Source: Yahoo! Finance
CHICAGO Feb. 24, 2025 /PRNewswire/ -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today announced that Cosmo Oil Co. Ltd (Cosmo Oil) has been selected for a FY2024 subsidy from Japan's Ministry of Economy, Trade and Industry (METI) to support a project developed with Mitsui & Co. (Mitsui) that will plan to utilize LanzaJet technology. This funding marks a significant milestone for large-scale domestic SAF production in Japan and increasing SAF supply for the aviation industry. LanzaJet Logo (PRNewsfoto/LanzaJet) "Today's announcement signifies an important milestone for SAF production and scaling of the industry in Japan . LanzaJet's proprietary alcohol-to-jet technology is helping governments
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