Syzygy Plasmonics signs capacity-reservation agreement with World Fuel Services for future SAF production

Houston, Texas-based Syzygy Plasmonics, a developer of light-driven reactor technology and sustainable aviation fuel (SAF) projects, announced June 9 that it has entered into a capacity-reservation agreement with World Fuel Services for future SAF production from Syzygy’s planned NovaSAF™ facilities.

The agreement provides for the reservation of a portion of production capacity from Syzygy’s future commercial-scale plants expected to be located in Central and South America, which will come after the company’s flagship NovaSAF-1 project in Uruguay, which is progressing toward construction.

“Following NovaSAF-1, this agreement reflects continued interest in scalable pathways for producing SAF from biogas,” said Trevor Best, CEO of Syzygy Plasmonics.

“Our NovaSAF platform is designed to deliver cost-competitive fuel while supporting the aviation sector’s evolving regulatory and sustainability requirements,” Best said.

Michael Ranger, an executive at World Fuel Services, added, “We continue to evaluate supply opportunities that support increased access to lower-carbon fuels in aviation, in line with emerging regulatory requirements and customer demand. Arrangements such as this are part of our ongoing efforts across the supply chain.”

Under the terms of the agreement, Syzygy will make available a portion of future production capacity to World Fuel Services from its planned facilities, subject to the development and completion of those projects.