en.Wedoany.com Reported - Syzygy Plasmonics (a light-driven reactor technology company) has signed a capacity reservation agreement with World Fuel Services (World Fuel) for future sustainable aviation fuel (SAF) production from Syzygy's planned NovaSAF™ facilities. The agreement reserves a portion of the capacity from Syzygy's future commercial-scale plants, which are expected to be located in Central and South America, following its flagship NovaSAF-1 project in Uruguay, which is advancing toward construction.
Trevor Best, CEO of Syzygy Plasmonics, stated that the agreement reflects continued industry interest in scalable pathways for producing SAF from biogas. Its NovaSAF platform is designed to deliver cost-competitive fuels while meeting the evolving regulatory and sustainability requirements of the aviation industry.
Michael Ranger, Senior Vice President of Supply for EMEAA at World Fuel, said the company continues to evaluate supply opportunities that can support increased access to low-carbon fuels in the aviation sector to meet emerging regulatory requirements and customer demand. Such arrangements are part of its ongoing efforts across the entire supply chain.
Under the terms of the agreement, Syzygy will provide World Fuel with a portion of the future capacity from its planned facilities, subject to the development and completion of these projects.
Syzygy Plasmonics, headquartered in Houston, Texas, focuses on decarbonizing chemical production through its proprietary light-driven reactor technology. The company develops electrified processes to produce fuels and chemicals with lower carbon intensity.
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