PCA says Japan green-tech companies exploring fertilizer, aviation-fuel ventures – BusinessWorld Online
JAPANESE conglomerate Swung, Inc. is exploring collaboration with Philippine biofuel producers to make sustainable aviation fuel (SAF) in the Philippines, according to the Philippine Coconut Authority (PCA).
The PCA met in late May with a delegation from Swung, Inc., led by CEO Manabu Mizoguchi, and its partners Green Carbon Co., Ltd. and Kira Shoten Co., Ltd.
Swung, which conducted exploratory talks with the Department of Energy’s Renewable Energy Management Bureau, is interested in using byproducts from coconut and other crops, the PCA said in a statement.
“While the SAF production pathway remains under global regulatory review, particularly under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), the PCA underscored its openness to facilitating discussions with biodiesel manufacturers and agencies, such as the DoE and the Philippine Sugar Regulatory Administration (SRA), to assess technical feasibility and industry alignment.”
The PCA said potential local production was discussed of Swung’s patented organic fertilizer technology, which has been undergoing evaluation by Philippine authorities since the submission of 50 kilograms of the product during an initial March visit.
The Japanese-developed formulation combines organic waste materials such as coconut residues, sugarcane, and beer waste. — Kyle Aristophere T. Atienza
