SAF One announces its SAF project in Kakinada using the Hydroprocessed Esters and Fatty Acids (“HEFA”) pathway. The Kakinada plant will convert sustainably sourced waste oils and fats into SAF, with construction due to start in the coming months and deliveries beginning in 2029.
SAF One will deliver on its previously announced long-term offtake agreement with Trafigura, a global leader in the commodities industry, from the plant in Kakinada, Andhra Pradesh, India.
SAF One plans to build compact and modular plants through incremental scale-up, lowering development risk and increasing certainty on delivery and performance. The coastal location of Kakinada has enabled execution of this plan with the presence of deep-water port facilities, bulk liquid storage and an established industrial base, and access to Bay of Bengal shipping lanes serving global markets where SAF demand is being shaped by blending mandates and voluntary demand.
Deepak Munganahalli, Co-Founder and CEO of SAF One, commented: “Kakinada gives us the right location and the right model to deliver SAF at scale, starting with a compact, modular plant. With construction due to start in the coming months, we are moving this project into delivery, including under our existing long-term offtake agreement with Trafigura. It has been an incredible journey of collaboration with Trafigura, built on trust and shared ambition from the beginning, and we are proud to be serving them as our customer.”
Jason Breslaw, Head of Low Carbon Fuels Business Development at Trafigura, commented: “SAF One’s Kakinada project is an important step toward building a reliable supply of sustainable aviation fuel. Our offtake agreement with SAF One helps our customers respond to growing demand for lower carbon aviation fuel, driven by both blending mandates and voluntary commitments. Kakinada is well positioned as a source of supply, with India’s established industrial base and access to global shipping lanes. We look forward to continuing our work with SAF One as the project moves into construction.”
About SAF One
SAF One Energy Management Limited develops and delivers sustainable aviation fuel to the global aviation industry. It was co-founded by Novus Aviation Capital Limited, which brings nearly 30 years of experience investing in and managing commercial aviation assets, and Sencirc Holding Limited, which brings decades of energy industry experience in developing, building and operating waste-to-value assets.
Visit http://saf-one.co
About Trafigura
Trafigura provides critical resources to the world. Founded over 30 years ago and owned by its employees, the Group is at the heart of global supply, using its deep understanding of commodity markets to make supply chains more efficient, secure and sustainable.
Working across a global network, the Group deploys infrastructure, logistics, financing and market expertise to move energy and commodities from where they are produced to where they are needed. By connecting producers and consumers, we bring resilience and trust to complex supply chains. The business supplies the energy and commodities the world needs today, including oil and petroleum products, metals and minerals, gas and power, while investing in lower-carbon solutions for the future.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, fuel supplier and distributor Greenergy, and the Impala Terminals joint venture. The Group employs approximately 14,500 people, of which more than 1,400 are shareholders, and operates in over 150 countries.
Visit: www.trafigura.com
Media Contacts
SAF One: Jude Al Kutoubi, jude.alkutoubi@saf-one.co
Trafigura: media@trafigura.com