Technip and Airbus Create Sustainable Aviation Fuel JV

French energy and engineering firms have teamed up with Airbus to create a joint venture to develop a large-scale Sustainable Aviation Fuel (SAF) production project at the Port of Dunkirk in France, the companies said on Tuesday.

Technip Energies, Airbus, Safran, and Tereos are setting up Rebound, the joint venture aimed at developing a production capacity of 160,000 tons of Alcohol-to-Jet SAF per year at Dunkirk.

The new venture would strengthen European energy sovereignty and support France’s industrial leadership in the energy transition,…