The partners have committed to funding the project's development phase, which encompasses engineering studies and the necessary groundwork to reach a final investment decision. While the venture remains subject to customary regulatory approvals, the companies anticipate finalizing the agreement in the second half of 2026.

This initiative arrives as the aviation industry grapples with a persistent supply-demand mismatch. International Air Transport Association projections indicate that SAF will account for only 0.8% of global fuel consumption this year. As fuel prices climb amid regional conflict, airlines face an estimated $4.3 billion in additional costs to secure these limited supplies. By scaling up domestic production at Dunkirk, the Rebound partners aim to address the structural shortfall currently hindering compliance with tightening European fuel blending mandates.