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May 06, 2015 11:48 AM ET

Oil, Gas and Consumable Fuels

Company Overview of AltAir Fuels LLC

Company Overview

AltAir Fuels LLC develops aviation fuel made from renewable biomass. It develops and operates projects for the production of low carbon fuels and chemicals derived from sustainable feedstocks. AltAir Fuels LLC was founded in 2008 and is based in Paramount, California.

14700 Downey Avenue

Paramount, CA 90723

United States

Founded in 2008

Phone:

562-748-4726

Key Executives for AltAir Fuels LLC

Chief Executive Officer
President and Chief Operating Officer
Age: 45
Compensation as of Fiscal Year 2014.

AltAir Fuels LLC Key Developments

AltAir Fuels LLC Presents at Advanced Biofuels Leadership Conference, Oct-11-2013 02:50 PM

AltAir Fuels LLC Presents at Advanced Biofuels Leadership Conference, Oct-11-2013 02:50 PM. Venue: Intercontinental San Francisco Hotel, San Francisco, California, United States. Speakers: Tom Todaro, CEO.

United Airlines and AltAir Fuels to Bring Commercial-Scale, Cost-Competitive Biofuels to Aviation Industry

United Airlines has executed a definitive purchase agreement with AltAir Fuels for cost-competitive, sustainable, advanced biofuels at commercial scale, representing a historic milestone for aviation. With United's strategic partnership, AltAir Fuels will retrofit part of an existing petroleum refinery to become a 30 million gallon, advanced biofuel refinery near Los Angeles, Calif. AltAir will produce low-carbon, renewable jet fuel and other renewable products. United has collaborated with AltAir Fuels since 2009 and has agreed to buy 15 million gallons of lower-carbon, renewable jet fuel over a three-year period, with the option to purchase more. The airline is purchasing the advanced biofuel at a price competitive with traditional, petroleum-based jet fuel, and AltAir expects to begin delivering five million gallons of renewable jet fuel per year to United starting in 2014. United will use the biofuel on flights operating out of its Los Angeles hub (LAX). AltAir has partnered with an existing oil refiner for the operation of its first commercial facility and use of the refiner's existing refinery near Los Angeles, Calif. This partnership is taking idled refining equipment and retooling it to increase the nation's energy supply -- positively impacting the southern California economy and providing the opportunity to sustainably power LAX flights. Through process technology developed by Honeywell's UOP, AltAir is retrofitting the existing refinery to produce renewable biofuel. AltAir has worked extensively with Honeywell's UOP to demonstrate the commercial viability of the Honeywell Green Jet process. Utilizing this technology, licensed from UOP, the AltAir facility will be the first refinery internationally to be capable of in-line production of both renewable jet and diesel fuels. The facility will convert non-edible natural oils and agricultural wastes into approximately 30 million gallons of low-carbon, advanced biofuels and chemicals per year. These advanced biofuels are drop-in replacements for petroleum-based fuel, requiring no modification to factory-standard engines or aircraft, with which they are fully compatible. This fuel provides the same performance as conventional, petroleum-based jet fuel. AltAir Fuels' renewable jet fuel is expected to achieve at least a 50% reduction in greenhouse gas emissions on a lifecycle basis. United will support AltAir Fuels' efforts to incorporate internationally recognized sustainability standards, such as those being developed by the Roundtable on Sustainable Biomaterials (RSB). RSB is an international, multi-stakeholder initiative that brings together farmers, companies, non-governmental organizations, experts, governments and inter-governmental agencies concerned with ensuring the sustainability of biomass production and processing.

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