What would you like to search for?

What would you like to search for?

New company to produce sustainable aviation fuel

BGN Technologies and Ralco Group create CarboNGV to take Prof. Moti Herskowitz's research to market

The quest for cleaner skies takes flight with the establishment of CarboNGV, a groundbreaking joint venture between the Blechner Center for Industrial Catalysis and Process Development represented by BGN Technologies, the tech transfer company of Ben-Gurion University, and The Ralco Group. This dynamic duo is poised to revolutionize the aviation industry with a novel method for producing Sustainable Aviation Fuel (SAF), a critical weapon in the fight against climate change.

Fueled by Innovation: Ralco Group, through its investment arm and as a part of its strategy to lead strategic initiatives in the synthetic fuel arena, is injecting $2.4 million into this venture, propelling a decade-long odyssey of research at Ben-Gurion University's Blechner Center to new heights. The team's tireless efforts have yielded a promising technology capable of producing SAF, and CarboNGV is set to translate this potential into a tangible reality. By 2025, the first demonstration plant is expected to become operational, churning out SAF and paving the way for a more sustainable future for air travel.

Arieh Sussely, CarboNGV CEO (Photo Credit: Dor Malka)

Reaching for Net-Zero: SAF is the aviation industry's knight in shining armor, slashing carbon emissions and aligning with the ambitious goal of achieving net zero by 2050. The European Commission is leading the charge with its "Fit for 55" legislative package, which includes a blending mandate for aviation fuel suppliers. This mandate will become effective in 2025, starting with a modest 2% SAF blend, gradually ascending to a commanding 70% by 2050.

Take-off Nation: For Israel, reaching these lofty targets requires local forces like CarboNGV. The government has recognized the urgency of the situation and placed immense importance on fostering such innovations, and Ralco Group has seized the momentum.

Simplicity is the Key: CarboNGV holds the key to a modern-day transformation. Its simple application unlocks a universe of possibilities across industries, transforming a vast array of materials and feedstock into synthetic fuel. Its adaptable technology embraces the diversity of waste streams, breathing new life into countless materials across industries, and converting much more waste into greener products while slashing carbon emissions.

Prof. Moti Herskowitz (left) and members of his lab team (Photo Credit: Dani Machlis/BU)

A Sky Full of Possibilities: The skies above are no longer the limit for BGN Technologies, Ralco Group, and CarboNGV. With each drop of SAF produced by CarboNGV, the world is closer to a reality in which air travel soars in harmony with the environment.

Shirley Sheffer Hoffman, Senior VP Business Development- Climate Tech at BGN, "We are very happy to have the opportunity to work with Ralco Group to bring a strategically crucial, green solution to market. "

Shirley Sheffer Hoffman, Senior VO Business Development -Climate Tech at BGN (Photo Credit: Dani Machlis/BGU)

Arie Sussely, CEO of CarboNGV, "For me, CarboNGV is more than a business; it's a national mission. After more than two decades of serving my country behind the scenes, I am proud to be at the forefront of this critical endeavor. We are aiming to make Israel a leader in sustainable aviation solutions and turn it into a take-off nation, which is more important now than ever. At CarboNGV, we believe the sky is not the limit."

Prof. Moti Herskowitz, Director of The Blechner Center, "I am confident that the advanced patent-backed technology developed at the Blechner Center combined with the excellent business platform provided by CarboNGV will yield a process to be implemented worldwide."

The quest for cleaner skies takes flight with the establishment of CarboNGV, a groundbreaking joint venture between the Blechner Center for Industrial Catalysis and Process Development represented by BGN Technologies, the tech transfer company of Ben-Gurion University, and The Ralco Group. This dynamic duo is poised to revolutionize the aviation industry with a novel method for producing Sustainable Aviation Fuel (SAF), a critical weapon in the fight against climate change. Fueled by Innovation: Ralco Group, through its investment arm and as a part of its strategy to lead strategic initiatives in the synthetic fuel arena, is injecting $2.4 million into this venture, propelling a decade-long odyssey of research at Ben-Gurion University's Blechner Center to new heights. The team's tireless efforts have yielded a promising technology capable of producing SAF, and CarboNGV is set to translate this potential into a tangible reality. By 2025, the first demonstration plant is expected to become
569

למה הכי כיף ללמוד אצלנו

775
Posts
7741
followers
59
following