Acelen Renewables and Bunge sign contract for the supply of soybean oil.

Acelen Renewables and Bunge announced this Friday (10) the signing of a five-year contract for the supply of certified soybean oil destined for the production of Sustainable Aviation Fuel (SAF) and Renewable Diesel (HVO). The agreement foresees the supply of 300,000 tons of the input per year, totaling 1.5 million tons during the term of the contract. The supply will begin in 2029, when the first integrated biorefinery of Acelen Renewables, in Bahia, is scheduled to start operating. The project will involve an investment of over US$ 3 billion and will have the capacity to produce up to 1 billion liters of SAF and HVO annually. According to the companies, the soybean oil may originate from both Brazil and Argentina and must meet the certification requirements of the United States Environmental Protection Agency (EPA) and the California Air Resources Board (CARB), guaranteeing traceability and compliance with international sustainability standards. According to the companies, this is the largest soybean oil supply contract ever signed by Bunge in the Americas and represents a milestone for the implementation of a large-scale SAF and HVO production unit in South America. The location of the biorefinery in Bahia will allow the processing of different renewable raw materials, providing logistical gains and greater operational flexibility. In addition to soybean oil, Acelen Renováveis' supply strategy includes contracts for the acquisition of used cooking oil and the development of the macaúba production chain, a crop considered strategic for supplying the future biorefinery and expanding the supply of renewable raw materials for the production of advanced biofuels.

This text was translated by machine from Brazilian Portuguese.