Carbon recycling technology to reuse CO2 as materials or liquid fuels is attracting attention in order to significantly reduce CO2 emissions from fossil fuels in order to achieve carbon neutrality by 2050. Liquid fuels from carbon recycling include not only bio-derived fuels synthesized biologically and chemically using biomass as a raw material, but also e-fuel that are produced by synthesizing CO2 from DAC*1 (Direct Air Capture) and fossil fuels emitted from industrial facilities and H2 from renewable energy. These fuels are expected to contribute to reducing CO2 emissions in the transportation sector. In particular, the introduction of SAF *2(Sustainable Aviation Fuel) is essential to reduce CO2 emissions in aviation field since it is difficult to replace conventional aviation fuel derived from fossil fuel with other energy media such as electricity.
*1 DAC (Direct Air Capture) : A technology of capturing CO2 directly from atmospheric air.
*2 SAF (Sustainable Aviation Fuel) : Aviation fuel produced from a sustainable source with low CO2 emissions in the process from raw feed production / collection to combustion.
FT synthesis by Microchannel technology
TOYO collaborates with Velocys Inc. who owns microchannel technology of FT synthesis * to develop commercial-scale plant of producing SAF and other renewable fuels from woody biomass, municipal waste and emitted CO2 etc. While focusing on early commercialization of SAF production plant via FT synthesis, TOYO is also promoting co-creation with several partners for the diversification of raw materials to produce SAF.
* FT (Fischer-Tropsch) Synthesis : A technology for synthesizing liquid hydrocarbons from syngas (mixed gas of carbon monoxide and hydrogen) using a catalyst.