Tokyu Land Corporation
Regarding the utilization of waste cooking oil in commercial facilities and resort facilities by Tokyu Land Corporation and ENEOS ～Basic agreement signed regarding reuse of waste cooking oil as raw material for aviation fuel～
Tokyu Land Corporation (Head Office: Shibuya-ku, Tokyo, President and CEO: Hiroaki Hoshino, hereinafter referred to as “Tokyu Land Corporation”) and ENEOS Corporation (Head Office: Chiyoda-ku, Tokyo, Representative Director: Tomohide Miyata, hereinafter referred to as “ENEOS”) We are pleased to announce that we have concluded a basic agreement regarding the use of waste cooking oil as a raw material for sustainable aviation fuel (hereinafter referred to as “SAF”). As environmental awareness increases worldwide, efforts are underway in the aviation industry to switch from conventional fossil fuels to SAF, which is made from waste cooking oil and sugar cane. Both companies will contribute to this initiative by utilizing waste cooking oil.
Specifically, the commercial complex “COCONO SUSUKINO” (Sapporo, Hokkaido) opened on November 30, 2023, and hotels and hotels developed and operated nationwide by Tokyu Land Group’s Tokyu Resorts & Stay Co., Ltd. We plan to collect waste cooking oil discharged from 29 golf courses and use it as raw material in the SAF manufacturing plant (capacity 400,000 KL/year) that is being commercialized at the ENEOS Wakayama Plant (Arita City, Wakayama Prefecture). COCONO SUSUKINO aims to use the entire amount of waste cooking oil generated at its facilities for SAF, and if this is achieved, it will be the first such initiative in the country.
Tokyu Land Corporation is developing renewable energy power plants across the country, and has 100 projects (as of the end of December 2023), including those under development, with a rated capacity of 1,760MW (same), one of the largest in Japan. It has the power generation capacity of renewable energy. Utilizing this power generation capacity, by the end of 2022, all 244 owned facilities including offices and commercial facilities (excluding some jointly owned facilities) will have switched to renewable energy, meeting the RE100 standard. We are actively working on “environmental
management,” such as achieving the following goals. Through this initiative, we intend to cooperate in increasing the production of SAF fuel in order to “solve social issues” by reducing environmental impact.
As stated in the Group’s long-term vision, ENEOS is striving to achieve both “a stable supply of energy and materials” and “the realization of a carbon-neutral society.” As part of this effort, we are building an integrated system that covers SAF raw material procurement, in-house manufacturing, and sales, and in order to sustainably secure the waste cooking oil and vegetable oil necessary for SAF production, we are working to create a sustainable supply of waste cooking oil and vegetable oil, both domestically and
internationally. We are collaborating with many partners to promote efforts to collect unused waste cooking oil.
■ Responding to demand for SAF (sustainable aviation fuel)
SAF is an abbreviation for “Sustainable Aviation Fuel.” Unlike conventional jet fuel, which is refined from crude oil, SAF is produced using used cooking oil, sugar cane, municipal waste, and waste plastic. It is said to have a CO2 reduction effect of
approximately 60 to 80% compared to conventional jet fuel.
Internationally, the goal is to not increase total CO2 emissions from international aviation after 2020 and to achieve net zero carbon emissions by 2050. The introduction goal is to replace 10% of the fuel consumption by industry (equivalent to an estimated demand of 1.71 million KL) with SAF, and the development and production of
domestically produced SAF is being promoted.
Source: Ministry of Land, Infrastructure, Transport and Tourism, Ministry of Economy, Trade and Industry, International Civil Aviation Organization (ICAO)
■ Flow of waste cooking oil collection and SAF production
Waste cooking oil is a general term for cooking oil used for cooking fried foods, etc. In Japan, approximately 500,000 tons are generated annually (in fiscal 2021) from food factories, restaurants,
supermarkets, convenience stores, households, etc. In addition, while business-related waste cooking oil discharged from restaurants and factories is recycled for use in animal feed, etc., some of it is not used domestically and is exported or disposed of. Around the world, SAF is produced using waste cooking oil, and efforts to collect and utilize it are expanding in Japan as well.
Source: National Federation of Oil and Fat Business Cooperatives [Flow of waste cooking oil utilization (image)]
[Image: https://prtimes.jp/i/6953/267/resize/d6953-267-f9c158470253d5a94f91-0.png&s3=6953-267-6e4979824cabd712de85c98b21754b1e-1438×622.png ]
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