It is estimated that within five years, Camelina production from its currently planned team projects will yield approximately 200 million gallons per year of renewable jet fuel, 65 million gallons per year of co-products, and 2.3 million tons per year of Camelina meal, for use as an animal feed.
Sam Huttenbauer, CEO of Great Plains, said: “Affordable feedstock is the key to all biofuels, and due to Camelina’s low inputs and high-quality meal by-product, it has tremendous potential to be competitive with petroleum jet fuel. The scale of these projects will allow this to happen quickly. This relationship greatly expands our bandwidth for international crop production, refining, sales & distribution, corporate finance, and carbon trading. We expect these capabilities to allow our company to rapidly produce Camelina-derived renewable jet fuel at competitive pricing.”
BioJet is a supply chain integrator in renewable jet fuel for the aviation sector. Its operations include feedstock generation, technology, refining, logistics, and distribution to end users in the aviation sector. BioJet was selected by Roundtable on sustainable biofuels as the first implementation of pilot company for Version 1 on the principles of sustainability.
Mitch Hawkins, CEO of BioJet, said: “We’re very pleased to team up with Great Plains. We already control the world’s largest quantities of Jatropha dedicated to jet fuel, and work in designer feedstocks and algae. This deal effectively triples our feedstock resources. It is a major step in the achievement of our goal of 20 million barrels per year of renewable jet fuel by 2020.”
