Story perspectives

BP and Corteva Launch Joint Venture for Sustainable Biofuels

1/8/2026

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Summary

Story summary

BP and Corteva launched a 50:50 joint venture, Etlas, to produce crop-based oils for sustainable aviation fuel and renewable diesel.
Etlas aims to produce one million metric tonnes of feedstock annually by the mid-2030s, yielding over 800,000 tonnes of biofuel.
Initial supply is expected in 2027, with feedstock from crops on existing farmland.
Ignacio Conti will serve as Etlas CEO, and Gaurav Sonar will be Chair of the Board.
The global demand for SAF and RD is projected to rise significantly in the coming years.

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Story summary

BP and Corteva launched a 50:50 joint venture, Etlas, to produce crop-based oils for sustainable aviation fuel and renewable diesel.
Etlas aims to produce one million metric tonnes of feedstock annually by the mid-2030s, yielding over 800,000 tonnes of biofuel.
Initial supply is expected in 2027, with feedstock from crops on existing farmland.
Ignacio Conti will serve as Etlas CEO, and Gaurav Sonar will be Chair of the Board.
The global demand for SAF and RD is projected to rise significantly in the coming years.