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Chinese biofuel refiner Zhejiang Jiaao exports first SAF shipment

China's Zhejiang Jiaao Enprotech said its east China-based subsidiary biofuel plant exported its first cargo of sustainable aviation fuel of 13,400 metric tons.

The export came shortly after the company won an export license for the low-carbon aviation fuel for 2025. The company did not say what was the cargo's destination, but multiple trade sources have said it was bought by a Western trader and will be heading to Europe.

The cargo was likely loaded to vessel Solar Cheryl, two trade sources said, with one adding that it was loaded on May 1-2.

Solar Cheryl's end destination is Spain for now, data from tracker Vortexa and one shipbroking source showed.

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