What is the name of the joint venture established by Rengo and Sumitomo Forestry for bioethanol production?

The joint venture established by Rengo and Sumitomo Forestry is named RS Wood Refinery Co., Ltd., headquartered in Fuji City, Shizuoka Prefecture.

When was RS Wood Refinery Co., Ltd. officially established by the two parent companies?

RS Wood Refinery Co., Ltd. was established on April 1st through a joint investment by Rengo and Sumitomo Forestry.

What is the annual bioethanol production target set by RS Wood Refinery by 2028?

RS Wood Refinery aims to achieve commercial production of 20,000 kiloliters of bioethanol annually by the year 2028.

What type of waste material will RS Wood Refinery use as raw material for bioethanol manufacturing?

RS Wood Refinery will use construction waste from housing construction, renovation, and demolition sites operated by the Sumitomo Forestry Group.

Which company will provide the biomass chemical technology and production facility for bioethanol manufacturing?

Rengo will provide the biomass chemical technology and manufacture bioethanol at a new plant located on its paper mill premises.

AI News NQ Analysis

Rengo and Sumitomo Forestry Establish Joint Venture, Launch Bioethanol Business ~Sustainable Aviation Fuel (SAF) from Construction Waste~

NQ Score 100/100

AI Summary (NQ-processed)

Sumitomo Forestry Co., Ltd. and Rengo Co., Ltd. have established a joint venture, RS Wood Refinery Co., Ltd., to produce bioethanol from construction waste. This bioethanol will serve as a raw material for Sustainable Aviation Fuel (SAF), aiming for 20,000 kL of annual commercial production by 2028. The initiative addresses the global shortage of SAF and promotes decarbonization in the aviation sector by utilizing wood resources that do not compete with food supplies.

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Frequently Asked Questions

Q: What is the name of the joint venture established by Rengo and Sumitomo Forestry for bioethanol production?: A: The joint venture established by Rengo and Sumitomo Forestry is named RS Wood Refinery Co., Ltd., headquartered in Fuji City, Shizuoka Prefecture.
Q: When was RS Wood Refinery Co., Ltd. officially established by the two parent companies?: A: RS Wood Refinery Co., Ltd. was established on April 1st through a joint investment by Rengo and Sumitomo Forestry.
Q: What is the annual bioethanol production target set by RS Wood Refinery by 2028?: A: RS Wood Refinery aims to achieve commercial production of 20,000 kiloliters of bioethanol annually by the year 2028.
Q: What type of waste material will RS Wood Refinery use as raw material for bioethanol manufacturing?: A: RS Wood Refinery will use construction waste from housing construction, renovation, and demolition sites operated by the Sumitomo Forestry Group.
Q: Which company will provide the biomass chemical technology and production facility for bioethanol manufacturing?: A: Rengo will provide the biomass chemical technology and manufacture bioethanol at a new plant located on its paper mill premises.