Delta Air Lines' oil refinery subsidiary has struck a deal to convert plastic into jet fuel.
Atlanta-based Delta's subsidiary Monroe Energy, which operates an oil refinery in Trainer, Pa., has a new agreement with environmental technology firm Agilyx.
The agreement calls for Agilyx to supply about 2,500 barrels a day of synthetic feedstock converted from waste plastic by 2020.
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Agilyx uses "an innovative process, reducing the amount of plastic that is currently being landfilled," said Monroe Energy CEO Jeff Warmann in a written statement.
Tigard, Ore.-based Agilyx counts Virgin Group founder Richard Branson as an investor. Branson’s Virgin Atlantic Airways is also a Delta partner.
"This is a major step forward in the search for a cost effective low carbon aviation fuel," Branson said in a written statement. "The beauty of the Agilyx process is it will take waste plastics, which are a major problem for the environment, and turn it into something useful.”
Delta earlier this year announced it was seeking an investment partner for the Trainer refinery,
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