ETFuels has chosen Immingham to be the home for a new facility which will convert e-methanol into fuel for the aviation industry.
Officials said a further 1,000 jobs would be created during the construction phase of the project in addition to the permanent engineering, manufacturing and operations roles.
Lara Naqushbandi, the firm’s chief executive, said the so-called Project King’s Road was a “major vote of confidence in the Humber and in Britain’s industrial future”.
Sustainable aviation fuel (SAF) is a biofuel used to power aircraft that has similar properties to conventional jet fuel, but with a smaller carbon footprint. SAF can be used in all existing turbine aircraft and reduces aviation lifecycle greenhouse gas emissions (GHG) by as much as 80%.
