Toyo Engineering Joins NEDO Project for SAF Development with Velocys Technology

Project Overview

Toyo Engineering Corporation has been selected by NEDO for a project focused on developing production technologies for Sustainable Aviation Fuel (SAF). The initiative aims to assess the feasibility of producing SAF from diverse feedstocks, including municipal solid waste, using two pathways: gasification Fischer-Tropsch (FT) synthesis and methanol synthesis.

Study Details

The feasibility study will incorporate Velocys's advanced FT synthesis technology and Toyo's proprietary methanol production technology. The study is scheduled to run for approximately 18 months, from FY2025 through FY2026, and will evaluate both domestic and international site conditions.

Objectives

The project aims to quantify SAF supply potential from diverse feedstocks, compare the technical and economic characteristics of both production routes, and evaluate the business potential of co-producing synthetic fuels like gasoline and diesel. It will also identify key challenges and development directions for eSAF using renewable hydrogen and captured CO₂.

Background

Toyo has previously conducted pilot-scale continuous SAF production via gasification and FT synthesis and has contributed to studies for building an integrated SAF supply chain under NEDO's sponsorship. The company will leverage its technological expertise and global partnerships to support the widespread adoption of sustainable aviation fuel.