Asset

July 2022:  Pilot production of new biological energy project.

• Product: Sustainable Aviation Fuel
• Classification：Biological new energy
• Product Introduction  The product is characterized by waste grease such as cooking oil and slop oil as raw materials for production, carbon dioxide emission reduction than the traditional petrolea-based aviation kerosene whole life cycle increased by more than 80%, the product is sold in European countries, and obtained the EU ISCC bioenergy certification.

External Source: In November 2022, Junheng Bio's 10,000 tons of low-condensation second-generation biodiesel set a record for China's single batch export of green high-end fuel.

May 2024, External Source -- In Puyang, Junheng Industry started producing SAF last December at a new 400,000 tpy plant, costing 1.3 billion yuan ($180 million). This facility, which has already received airworthiness certification, plans to produce 150,000 metric tons of SAF this year and has commenced exports to Europe.