Syzygy Plasmonics and Trafigura Sign Six-Year Agreement for Sustainable Aviation Fuel
Syzygy Plasmonics has entered a six-year offtake agreement with Trafigura Pte Ltd for its Sustainable Aviation Fuel plant, NovaSAF-1, in Durazno, Uruguay, covering the plant's entire production capacity. Initial deliveries are slated for 2028, with Trafigura having the option to purchase additional volumes from future projects. The innovative technology employed by Syzygy aims to produce RFNBO-compliant SAF with up to 90% lower lifecycle emissions than fossil jet fuel, positioning the company for project financing and compliance with upcoming regulatory mandates in Europe and the UK.
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Syzygy Plasmonics signed a six-year Sustainable Aviation Fuel offtake agreement with Trafigura Pte Ltd for its first plant, NovaSAF-1, located in Durazno, Uruguay. The agreement covers the entire production capacity, with initial deliveries expected in 2028 and an option for Trafigura to purchase additional volumes from future projects.
Syzygy's technology uses biogas and renewable electricity to produce RFNBO-compliant SAF with up to 90% lower lifecycle emissions than fossil jet fuel. This agreement positions Syzygy to access project financing and expand SAF production to meet regulatory mandates in Europe and the UK.
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