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29 October 2018 – On October 24, World Energy announced it will invest $350 million over the next 2 years to expand the World Energy Paramount facility (formerly AltAir) in Paramount, CA to produce 306 million gallons per year (GPY) of fuel (up from the current 40 million GPY capacity). Outputs will continue to be a mix of alternative jet fuel, diesel, gasoline and propane.
The Paramount facility was the first commercial scale sustainable alternative jet fuel (SAJF) facility to operate in the U.S. and has supplied SAJF to Los Angeles International Airports (LAX) via contract to United Airlines, as well as to Gulfstream Aerospace Corporation, World Fuel Services and several additional flight demonstration activities since initiating commercial operations in March 2016.
CAAFI congratulates World Energy on this new investment to achieve the envisioned scale-up of the Paramount facility. CAAFI appreciates that World Energy will include the infrastructure and investments that will enable 150 million gallons per year of SAJF supply capacity at Paramount, while supporting economic opportunities (including over 100 jobs) and the aviation sector’s environmental goals.
Steve Csonka, CAAFI Executive Director, is “delighted to see this envisioned expansion kicked off. Our partners at World Energy Paramount have been leaders in the commercial SAJF space in the U.S., and we look forward to continuing to work with them as they pursue large-scale deployment of SAJF for the aviation sector.”
Read more about World Energy’s investment and the leaders who attended the announcement here. SAJF from Paramount has been certified sustainable by the Roundtable on Sustainable Biomaterials here.
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