Twelve Stock

Twelve, an eight-year-old start-up, is making strides towards developing a synthetic fuel to replace fossil-based kerosene in the aviation industry. The company has broken ground on a commercial-scale facility in Moses Lake, Washington to produce its "E-Jet" fuel. The fuel is produced using Twelve's carbon transformation technology, which uses electricity, water, and carbon dioxide (CO2) to create chemicals, materials, and fuels traditionally made from fossil fuels. The synthetic fuel reportedly reduces lifecycle greenhouse gas emissions by up to 90% compared to conventional petroleum-based jet fuel.

Startup Twelve has begun construction on a commercial-scale facility in Washington state that will produce sustainable aviation fuel from CO2. The facility, which is expected to be operational by mid-2024, will be the first of its kind in the US. Alaska Airlines, Microsoft, and Shopify have agreed to purchase millions of dollars' worth of the E-Jet fuel produced at the new plant.

Twelve, a carbon transformation company, has announced plans to scale production of its sustainable aviation fuel (SAF), E-Jet, made from CO2 and renewable energy, in Washington State. The fuel, which has up to 90% lower lifecycle emissions than conventional fuels, will be produced at a commercial-scale facility in Moses Lake, WA. The first customers will be Shopify, Alaska Airlines, and Microsoft, with whom Twelve has existing partnerships.