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Syzygy Plasmonics Signs Six-Year Agreement with Trafigura for SAF

The American photonic reactor technology producer concludes a binding offtake agreement with the global trader. The deal covers the entire production of its first sustainable aviation fuel plant in Uruguay.

Syzygy Plasmonics Signs Six-Year Agreement with Trafigura for SAF

CountriesÉtats-Unis, Uruguay
SectorCarburants Alternatifs
ThemeInvestissements & Transactions

Syzygy Plasmonics announced the signing of a six-year binding offtake agreement with Trafigura Pte Ltd for sustainable aviation fuel (SAF). This agreement, concluded through the Uruguayan subsidiary SP Developments Uruguay S.A., covers the entire production of NovaSAF-1, the company’s first commercial plant. First deliveries are targeted for 2028, according to the company. The agreement also includes an option for Trafigura to purchase additional volumes from Syzygy’s future projects.

A World First in Uruguay

The NovaSAF-1 project, located in Durazno, Uruguay, will be the world’s first facility to produce SAF compliant with RFNBO (Renewable Fuels of Non-Biological Origin) standards from electrified biogas, according to the company. The plant will use biogas from the Estancias Del Lago powdered milk facility and Uruguayan renewable electricity. The technology will produce synthetic paraffinic kerosene (SPK) with, according to the data provided, a 90% reduction in lifecycle emissions compared to fossil jet fuel.

The process, marketed under the name NovaSAF, has received ISCC pre-certification for the production of RFNBO and Advanced BioSAF compliant fuels. This certification would pave the way for commercialization in Europe and the United Kingdom to meet decarbonization mandates set for 2030. Syzygy positions its technology as an alternative to traditional SAF pathways that depend on supply-constrained feedstocks, such as used cooking oil.

Toward Plant Construction

Syzygy Plasmonics indicates it completed FEED (Front-End Engineering Design) engineering in December. The next step for the company is to raise the funds necessary for the construction of NovaSAF-1. Trevor Best, CEO of Syzygy Plasmonics, described this agreement as a critical step toward commercial-scale impact.

Jason Breslaw, Head of Low Carbon Fuels Business Development at Trafigura, emphasized that this agreement aligns with the group’s strategy to diversify SAF supply. The trader highlights its global low-carbon fuels network to help aviation customers meet growing regulatory requirements. The American company presents its project model as replicable on a global scale to accelerate SAF production.

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