Thread Content
Beijing Haineng New Energy Technology Co., Ltd. (referred to as “Haineng New Energy”) has established a bioenergy production base in Juxian County, Rizhao City, Shandong Province, through its holding subsidiary, Shandong Sanju Bioenergy Co., Ltd. Building on the existing 400,000 tons per year bioenergy facility, this project has added a new 200,000 tons per year biodiesel isomerization unit that serves as the core for producing sustainable aviation fuel (SAF), with the aim of converting waste animal and plant oils into \"green fuel\" for aviation use.
In March 2026, Haisin New Energy Technology disclosed on the investor interaction platform and during discussions with institutional investors that its 200,000-ton per year biojet fuel (SAF) production project was operating at a steady pace. Under these stable operating conditions, the yield of biojet fuel is approximately 80%; other products produced as by-products include low-flashpoint HVO (hydrocarbon-based biodiesel) and bio-naphtha. The company’s biojet fuel products have passed the airworthiness approval by the Civil Aviation Administration of China, and have obtained international certifications such as ISCC CORSIA and ISCC-EU for HEFA, as well as certification from the Roundtable on Sustainable Biofuels (RSB). Additionally, they have been included in the whitelist for SAF exports.
In accordance with the Tariff Adjustment Plan for 2026, the company has adopted a new specific tariff code (27101913) for bioaviation kerosene, paving the way for the export of this product. At present, the company has established business relationships with major purchasers both domestically and internationally. On top of fulfilling the existing HVO orders, it has also signed new SAF orders. Entering the first quarter of 2026, the order situation has shown significant improvement compared to the previous year, with production schedules remaining fully occupied.