Technology

Syzygy Plasmonics secures landmark 6-year SAF offtake deal with Trafigura

The deal, executed through Syzygy’s subsidiary SP Developments Uruguay S.A., covers the entire production of Syzygy’s first plant, NovaSAF-1

  • By ICN Bureau | January 24, 2026

Syzygy Plasmonics, a global leader in light-driven chemical reactor technology, has inked a binding six-year Sustainable Aviation Fuel (SAF) offtake agreement with commodities giant Trafigura Pte Ltd.

The deal, executed through Syzygy’s subsidiary SP Developments Uruguay S.A., covers the entire production of Syzygy’s first plant, NovaSAF-1, with initial deliveries set for 2028. Trafigura also holds an option to purchase additional volumes from Syzygy’s future projects, potentially supplying a significant portion of the growing demand for regulatory-compliant SAF.

The timing of the agreement is critical. Aviation is facing tightening SAF mandates amid constrained feedstock availability, as highlighted in the Global Feedstock Assessment for SAF Production: Outlook to 2050. Syzygy’s modular, electrified technology sidesteps these constraints by converting abundant biogas into SAF using renewable electricity.

Branded NovaSAF, the pathway has received ISCC pre-certification to produce Renewable Fuels of Non-Biological Origin (RFNBO) and Advanced BioSAF-compliant fuels—offering Europe, the U.K., and other regions a scalable route to meet ambitious 2030 decarbonization targets.

“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.”

NovaSAF-1, located in Durazno, Uruguay, will be the world’s first electrified biogas-to-SAF facility producing RFNBO-compliant fuel. It will harness biogas from the Estancias Del Lago powdered milk plant and local renewable electricity to generate synthetic paraffinic kerosene (SPK) SAF with 90% lower lifecycle emissions than conventional jet fuel, while demonstrating strong project economics.

“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,” said Jason Breslaw, Head of Low Carbon Fuels Business Development at Trafigura.

“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.”

With NovaSAF-1 as its commercial blueprint, Syzygy is poised to replicate the model worldwide, accelerating cost-competitive SAF production on a global scale. Following the completion of FEL 3 engineering in December, the company’s next milestone is securing financing for construction, bringing its transformative technology one step closer to commercial reality.

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