Meet Mihir Dange, the CEO of XCF Global, a company leading the charge in sustainable aviation fuels (SAFs) in the US. While many environmentalists are opting to offset their carbon footprint by planting trees, XCF believes in reducing emissions at the source. With the impending SPAC merger, XCF is on track to become a major player in the SAF industry, with a projected market value of $51.23 billion USD by 2028.
The company is set to revolutionize the US aviation market by producing SAFs from non-food feedstocks, such as waste oils and fats. With the aim of achieving full decarbonization in aviation by 2050, XCF plans to scale up production to meet the growing demand for sustainable travel. By acquiring strategic locations and rapidly expanding production capacity, XCF aims to produce over 1 billion gallons of blended SAF per year, positioning itself as a leading producer of SAF in North America.
With the Biden Administration expected to update SAF policies soon, the future looks promising for XCF. As the world shifts towards sustainable travel, XCF is poised to lead the way in reducing carbon emissions and creating a greener future for the aviation industry.
