Acelen Renewables, the energy company of Mubadala Capital, and trading company Trafigura have signed a strategic agreement to supply raw materials and market renewable fuels to be produced by the biorefinery currently under development in the state of Bahia, Brazil. This agreement represents a significant milestone in the project's timeline and reinforces Acelen Renewables' readiness to begin construction of the facility, following the recent announcement of US$1.5 billion in financing. Using HEFA (Hydroprocessed Fatty Acid Esters) technology, the plant will have the capacity to produce up to 1 billion liters per year of SAF (Sustainable Aviation Fuel) and HVO (Renewable Diesel). Under the terms of the agreement, Trafigura will participate in two strategic stages of the value chain: supplying raw materials and marketing the plant's future production. The contracts stipulate that Trafigura will supply approximately 470,000 metric tons per year of used cooking oil (UCO), a volume sufficient to produce approximately 459 million liters of SAF. In exchange, Trafigura will purchase part of the future production of SAF, HVO, and Green Naphtha (renewable naphtha used in the production of gasoline and renewable plastics), destined primarily for the North American and European markets. The approximately 5,500 barrels per day of SAF and HVO to be acquired by Trafigura would be sufficient to fuel up to six daily flights on the São Paulo–Paris route. All products traded under the agreement will meet the international sustainability and traceability standards required by major global markets, including certifications such as ISCC EU and the requirements established by the US Environmental Protection Agency (EPA).
This text was translated by machine from Brazilian Portuguese.