Syzygy Plasmonics enters SAF offtake agreement with Trafigura
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Background ✨
Syzygy Plasmonics selected Velocys as the Fischer-Tropsch technology licensor for its NovaSAF 1 facility in Uruguay, which was expected to commence operations in 1Q2027 and convert dairy waste and biogas into SAF using renewable electricity, with a capacity of 500,000 gallons per annum1. Syzygy's NovaSAF Pricing Framework demonstrated compliance with tough EU sustainability mandates and airline price targets, with dual ISCC EU certification anticipated for the NovaSAF1 facility2.