Mercury to Provide 250 Billion Won in Support for LG Chem's 'Sustainable Aviation Fuel Dedicated Facility' Project
4 Articles
4 Articles
(Seoul = Yonhap News) Reporter Lee Do-heun = The Export-Import Bank of Korea [051910] is pursuing the 'construction and operation of Korea's first dedicated sustainable aviation fuel (SAF) facility'...
The Export-Import Bank of Korea is providing 250 billion won in financial support for LG Chem to build an eco-friendly biofuel production facility in Daesan, South Chungcheong Province. This is a policy financing project aimed at securing an annual production base of 340,000 tons in preparation for the implementation of the Sustainable Aviation Fuel Blending Mandate next year, and strengthening competitiveness in the global eco-friendly fuel mar…
[Digital Daily Reporter Lee Ho-yeon] The Export-Import Bank of Korea announced on the 22nd that it will provide a loan of approximately 250 billion won for the "Construction and Operation of Korea's First Dedicated Sustainable Aviation Fuel (SAF) Facility" project being pursued by LG Chem. Sustainable aviation fuel is a representative eco-friendly biofuel capable of reducing carbon emissions by 60–80% compared to existing fossil fuel-based fuel…
The Export-Import Bank of Korea supports LG Chem's construction and operation project of Korea's first sustainable aviation fuel (SAF) dedicated production facility with approximately KRW 25 billion.
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