Rayonier Advanced Materials, Verso execute MoU to explore eSAF

Rayonier Advanced Materials and Verso Energy have entered into a Memorandum of Understanding to explore e-fuels and specifically e-SAF or Sustainable Aviation Fuel from renewable resources. As part of the MoU, the companies will explore the feasibility of using the Biogenic Carbon Dioxide (Biogenic CO2) produced at RYAM‘s Tartas France plant along with Green Hydrogen to produce eSAF, a vital product needed to help reduce the world’s rising greenhouse gases through Carbon Capture Utilization. The companies expect to qualify for grants from the French government to help fund the cost of this multi-year feasibility study. “We are excited to be partnering with Verso Energy on this endeavor,” said De Lyle Bloomquist RYAM’s President and Chief Executive Officer. “Combining the unique attributes of RYAM’s Tartas plant with VERSO ENERGY’s expertise in the development of renewable energy creates a great opportunity for the potential expansion of new sustainable fuels at the site.”