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Exploring SAF Feedstock Markets

Tim Portz, program director at BBI International, delivers the welcome remarks at the North American SAF Conference & Expo. / IMAGE: JOE SZURSZEWski

October 30, 2023

BY Katie Schroeder

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Trends for SAF financing and contract structures

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2025 will be a pivotal year for the biocarbon and biocoal markets, but some hurdles still remain.

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Shell’s recent decision to cancel its Rotterdam biorefinery project will be costly, according to a third quarter update note published by the company on Oct. 7. Shell expects to write down approximately $600 million due to the cancellation.

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Green Carbon Development, led by Process Technical Services, announced on Oct. 2 that it has selected Axens Vegan technology for its upcoming renewable fuels facility. The 10,500 BPSD facility will produce SAF and renewable diesel.

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Eni has confirmed plans to convert portions of its Sannazzaro de’ Burgondi refinery in Pavia, Italy, to produce renewable diesel and sustainable aviation fuel (SAF). The biorefinery is expected to be operational in 2028.

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