霍尼韦尔孙建能称规模效应不足推高可持续航空燃料成本

Core Insights - The high cost of Sustainable Aviation Fuel (SAF) is primarily due to insufficient economies of scale in the industry, limited raw material supply, and high initial investment requirements for advanced production technologies [1][3]. Group 1: Market Demand and Supply - There is a high demand for SAF in the international market, while the supply of used cooking oil, a key raw material for SAF production, is insufficient [1]. - The price of SAF has exceeded $2000 per ton (approximately 14,000 RMB per ton), with the price of used cooking oil rising from over 1000 RMB per ton two years ago to over 6000 RMB per ton currently [1]. Group 2: Production Capacity and Technology - Honeywell's Ecofining™ technology has achieved commercial production of SAF in China, with a large production facility in Lianyungang capable of converting 10,000 barrels of kitchen waste oil into SAF daily, equating to an annual capacity of approximately 500,000 tons [2]. - Another SAF production base in Suining, Sichuan, is expected to have an annual output of 500,000 tons, potentially becoming the largest sustainable aviation fuel project in Western China [2]. Group 3: Cost Challenges and Solutions - The high cost of SAF is attributed to the early stage of the industry, limited production scale, and high raw material costs, alongside the need for clear and long-term policy support to stabilize market demand [3]. - Honeywell is focused on continuous technological innovation and industry collaboration to reduce SAF costs, including the development of the FT Unicracking™ technology, which can lower carbon emissions by 90% and reduce costs by up to 20% [4]. - The company is also expanding the range of raw materials used for SAF production, such as utilizing corn-based, cellulose-based, or sugar-based ethanol, to diversify sources and meet growing aviation market demand [4]. Group 4: Environmental Impact and Future Outlook - SAF has a significant carbon reduction potential, with the ability to reduce greenhouse gas emissions by over 80% throughout its lifecycle [4]. - The International Air Transport Association predicts that by 2050, SAF will contribute to 65% of the aviation industry's carbon reduction efforts, making it a key pathway for achieving net-zero emissions in aviation [4].