BioJet Selected as First Pilot Company for Principles of Sustainability - Aerospace and Aviation News

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PRESS RELEASE : U.S. and World News : Aerospace and Aviation News

BioJet Selected as First Pilot Company for Principles of Sustainability

Wed, 18 Nov 2009, 12:16:04 EST
Edited by Debra Tone

SANTA BARBARA, Calif., Nov. 18 (SEND2PRESS NEWSWIRE) -- BioJet Corporation (www.biojetcorp.com) announced today that it has agreed with the Ecole Polytechnique Federal de Lausanne (EPFL) to serve as the first Pilot project company for the worldwide implementation of the Principles of Sustainability recently approved by the EPFL's Roundtable on Sustainable Biofuels (RSB) (cgse.epfl.ch/page65660.html).

BioJet is a leading international supply chain integrator in bio jet fuel for the aviation sector.

The RSB serves as an international initiative providing the central point for the development of worldwide standards for sustainability in biofuels. RSB is developing the third-party certification system for biofuels sustainability standards, encompassing environmental, social and economic principles and criteria, through an open, transparent, and multi-stakeholder process.

BioJet is a member of the RSB and CEO Mitch Hawkins said: "Biofuels are all about sustainability. If the supply chain cannot meet standards of sustainability, you are just trading one form of damage to the environment for another. Being asked to serve as the first implementation pilot company by EPFL is indeed an honor. The project will proceed through the end of 2010 and will provide valuable insights into the challenges of implementing sustainability into the entire biofuel value chain. In our opinion, the EPFL Version 1 Principles of Sustainability may very well become the basis of future regulation in several regions of the world."

The BioJet company is particularly well suited to such a pilot project because it is the international supply integrator for bio jet fuel. As such, its operations touch feedstock generation, technology, refining, logistics, distribution, and eventual end use by the aviation sector user. Since, in its mission, the company is feedstock agnostic, over time it will utilize any and all economically viable and sustainable feedstocks and will utilize several different refining processes. This model gives the company an overview of sustainability issues not inherent in the typical biofuel company business model.

Hawkins went on to say: "We are glad to be working to help develop a clear path to implementation. Standards will have to flow through the entire biofuel supply chain from feedstock producer, to refiner, to intermediate handlers, to the eventual end user. Each will have to be inspected and certified, with certificates being issued and presented to downline entities."

More information: www.biojetcorp.com.

NEWS SOURCE: BioJet Corporation

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REFERENCES: BioJet Selected as First Pilot Company for Principles of Sustainability, BioJet Corporation, Ecole Polytechnique Federal de Lausanne, EPFL Roundtable on Sustainable Biofuels, CEO Mitch Hawkins, bio jet fuel, EPFL Version 1 Principles of Sustainability, pilot project, feedstock, third-party certification system for biofuels sustainability standards, California, Nov 18, 2009.

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