Rayonier Advanced Materials (RYAM) and GranBio announced the signing of a memorandum of understanding to jointly explore the development of a small-scale commercial cellulosic Sustainable Aviation Fuel facility co-located at Rayonier’s Jesup, Georgia site. Under the agreement, GranBio will lead the proposed project to deploy its proprietary AVAP technology to convert lignocellulosic biomass into second-generation ethanol, which will be upgraded into SAF.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RYAM: