Syzygy Plasmonics signs landmark offtake agreement with Trafigura to supply advanced SAF

Syzygy Plasmonics has announced a binding six-year sustainable aviation fuel (SAF) offtake agreement between its subsidiary, SP Developments Uruguay, and Trafigura.

This landmark offtake agreement covers the entire production volume of Syzygy’s first plant, NovaSAF-1, with first deliveries targeted in 2028.

The agreement also includes an option for Trafigura to purchase additional volumes from Syzygy’s future projects, offering potential to supply a meaningful volume of compliant SAF to meet regulatory mandates.

The milestone comes at a pivotal moment for aviation, as expanding SAF mandates intersect with tightening availability of sustainable feedstocks. Syzygy’s solution addresses these constraints by combining abundant biogas with renewable electricity in a modular, electrified platform.

“This agreement marks a critical step in our journey toward commercial-scale impact and disrupting the SAF market,” said Trevor Best, CEO of Syzygy Plasmonics.

“With a signed offtake agreement from a global leader like Trafigura and after having successfully completed FEED engineering in December, we’re now ready to secure financing for the construction of NovaSAF-1 and move our technology from potential into production.”

Syzygy’s first commercial-scale project, named NovaSAF-1, will be located in Durazno, Uruguay and will be the world's first electrified biogas-to-SAF facility producing RFNBO compliant SAF.

Jason Breslaw, head of low carbon fuels business development at Trafigura, commented:  “This offtake agreement complements our strategy to support the industry's efforts to diversify SAF supply, particularly as regulations increasingly mandate the use of advanced fuels. Trafigura's global low-carbon fuels network positions us to help aviation customers meet these requirements efficiently and cost effectively.

“We're pleased to support Syzygy's innovative biogas-to-SAF pathway, which has the potential to deliver both regulatory compliance and competitive economics.”