Boeing, Wagner Advance Australia’s Sustainable Aviation Fuel Industry

• Memorandum of Understanding builds upon Boeing/CSIRO Australian SAF Roadmap recommendations

BRISBANE, April 19, 2024 – Boeing [NYSE: BA] and Wagner Sustainable Fuels will collaborate on growing the sustainable aviation fuel (SAF) industry to help meet Australia’s airline demand for jet fuel which is expected to increase by 75% over the next 25 years.

“Wagner’s sustainability goals align with Boeing’s work to advance aviation decarbonization and energy security through renewable energy including SAF, advanced technologies, operational efficiency, and fleet renewal,” said Kim Camrass, Boeing Australia, New Zealand & South Pacific sustainability lead.

“Our agreement is another step forward in realising the recommendations identified in the Boeing/CSIRO SAF Roadmap.”

The 2023 SAF Roadmap identified Australia’s prime position to develop a domestic SAF industry, by scaling the supply of SAF production while reducing costs, as well as the investment required in R&D to support emerging technologies.

“We’re working closely with the Australian Government’s Jet Zero Council to overcome the challenges required to build a domestic SAF industry, such as feedstock availability, supply chain constraints and aligning to international standards,” said Camrass.

Wagner Sustainable Fuels has commenced the design and construction of Australia’s first steady supply of SAF within the fuels’ precinct at the Wellcamp Airport in Toowoomba, Queensland, to blend SAF to international aviation regulations. 

“In collaboration with Boeing, the Wellcamp blending facility will demonstrate the greenhouse gas emissions reduction benefits of SAF for our customers, provide a focus for federal and state policy makers and introduce the supply chain to this potential AUD$3 billion+ per year industry,” said Matt Doyle, CEO, Wagner Sustainable Fuels.

“We’re proud to contribute to the building blocks of a sovereign SAF production industry with this Australian-first facility and anticipate by the end of 2024, this facility will mark the start of the supply of SAF in Australia on a consistent basis.”

Unlike conventional jet fuel, SAF is produced from renewable sources – like agricultural waste, animal fats, vegetable oils and municipal solid waste – and significantly reduces carbon emissions over the fuel’s lifecycle, making it a more sustainable alternative for powering aircraft.

About Boeing
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity. Join our team and find your purpose at boeing.com/careers.

About Wagner Sustainable Fuels
Wagner Sustainable Fuels is company focused on reducing Australia’s hard to abate sectors of aviation and heavy transport through the supply and facilitation of SAF and Renewable Diesel (RD). As part of the Wagner family’s group of companies, Wagner Sustainable Fuels is leading the development of Sustainable Aviation Fuels through the implementation of SAF blending facilities and renewable diesel supply chains in the near term and SAF/RD production facilities from waste products in line with global demand and Australia’s need to reduce GHG emissions across hard to abate sectors.