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Provectus Biofuels secures LOI for offtake of up to 10 million liters of SAF

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By Provectus Biofuels Inc.

September 15, 2025

Sustainable Aviation Fuels Business Use 

Provectus Biofuels Inc. on Sept. 11 announced it has signed a non-binding letter of intent with a regional Alberta airport that sets out indicative terms under which both parties intend to negotiate a definitive long-term offtake agreement for SAF.

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Worley has been awarded a contract by Preem for FEED verification for the planned conversion of the ICR plant at the Lysekil refinery in Sweden from conventional diesel production to the production of renewable diesel and SAF.

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The U.S. Department of Energy on Aug. 29 awarded funding to two SAF research projects, including a project that aims produce SAF from bio-derived methanol and a project that aims to use distillers grains with solubles (DGS) as a SAF feedstock.

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USA BioEnergy on Sept. 10 announced it has selected Johnson Matthey and Honeywell to provide their industry-leading process technologies to USA BioEnergy to produce synthetic paraffinic kerosene (SPK) at its Bon Wier, Texas biorefinery.

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Altalto (Immingham) Limited, owned by Velocys, on Sept. 8 announced it has been awarded funding from the U.K. Department for Transport's Advanced Fuels Fund to progress the basic engineering design of its flagship waste-to-SAF facility.

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The U.S. EIA reduced its outlook for 2025 biodiesel and renewable diesel production in its latest Short-Term Energy Outlook, released Sept. 9. The 2026 production outlook for other biofuels, which includes SAF, was revised up.

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Delta Air Lines, in collaboration with Shell and Portland International Airport (PDX), has taken delivery of sustainable aviation fuel (SAF) into the PDX fuel system, marking the first commercial-scale SAF uplift at PDX.

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Hawaiian Airlines on Aug. 29 announced it will be incorporating SAF on flights between Osaka, Japan, and Honolulu, Hawai‘i under a sales agreement between parent company Alaska Air Group Inc. and Cosmo Oil Marketing Co. Ltd.

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Honeywell on Aug. 28 announced that Syzygy Plasmonics will use Honeywell UOP Fischer-Tropsch Unicracking technology to make SAF from dairy waste and renewable energy at the world’s first electrified biogas-to-SAF facility.

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Shell on Sept. 3 announced it will not resume construction of its proposed renewable diesel and SAF biorefinery at the Shell Energy and Chemicals Park in Rotterdam, citing a reassessment of the project’s competitiveness.

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Velocys on Sept. 2 announced that it has signed an agreement with Morimatsu to provide manufacturing and engineering support for Velocys FT reactors and associated equipment. The equipment will be deployed in SAF projects.

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LanzaTech Global Inc. on Sept. 2 announced the company has partnered with Fraunhofer Institute for Interfacial Engineering and Biotechnology IGB and the Mibelle Group to develop a HEFA pathway for SAF using a palm oil alternative.

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An Air France Airbus A220 on Aug. 25 completed its delivery flight from Airbus’ site in Mirabel to Paris powered by SAF. The delivery marked the first time Airbus in Canada directly issued official sustainability credentials for SAF to a customer.

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The New York State Energy Research and Development Authority on Aug. 20 announced the availability of up to $7.8 million to support pilot-scale and demonstration-scale projects within the state that convert waste streams into low-carbon fuels.

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Toyo Engineering Corp. has been selected by the New Energy and Industrial Technology Development Organization (NEDO) for its initiative, “Development of Production Technologies for Sustainable Aviation Fuel (SAF), etc.”

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SEKISUI CHEMICAL CO. LTD. and Velocys Inc. have signed a memorandum of understanding (MOU) establishing a strategic partnership to advance production technology for electro-sustainable aviation fuel (e-SAF), a CO2-derived synthetic fuel.

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Universal Fuel Technologies’ ethanol-to-jet SAF produced via the company’s Flexiforming technology has been accepted into the ASTM D4054 Clearinghouse, which supports the technical evaluation of new aviation fuels, for qualification.

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Air India and Indian Oil Corp. Ltd. on Aug. 19 signed a memorandum of understanding (MOU) for the supply of sustainable aviation fuel (SAF), marking a major step towards a greener future for Indian aviation.

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SAF Magazine and the Commercial Aviation Alternative Fuels Initiative announced the addition of new speakers to the 2025 North American SAF Conference & Expo, taking place Sept. 22–24 at the Minneapolis Convention Center in Minneapolis.

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STX Group, a leading environmental commodities trader and climate solutions firm, on Aug. 13 announced the completion of the first successful delivery of sustainable aviation fuel certificates (SAFc).

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Tidewater Renewables on Aug. 14 announced its renewable diesel facility British Columbia operated at 72% capacity during Q2. The company continues to advance plans to add SAF capacity to facility, with a final investment decision targeted for 2026.

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Circularity Fuels has converted biogas from a California Central Valley dairy farm into syngas, a key precursor to SAF, using a compact electric processing unit one-hundredth the cost of conventional steam methane or autothermal reformers.

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EcoCeres Inc., a leading pure-play renewable fuels producer, is partnering with Xiamen Airlines to collect and transport waste cooking oil from selected restaurant partners through its established supply chain.

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Ethanol Producer Magazine has announced the 42th annual International Fuel Ethanol Workshop & Expo (FEW) will take place on June 2-4, 2026, at the America’s Center in St. Louis, Missouri.

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Kintetsu World Express Inc. has entered into a new agreement with Shell Aviation regarding the use of SAF. Under this agreement, KWE will adopt Shell Aviation's digital platform "Avelia" to swiftly address shippers' low-carbon transportation needs.

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The U.S. EIA increased its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Aug. 12. The 2026 forecast for SAF production was lowered, but the outlook for biodiesel production was maintained.

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Gevo Inc. on Aug. 11 released second quarter results, reporting positive net income and positive adjusted EBTIDA for the period. The company also confirmed it is prioritizing development of a 30 MMgy ethanol-to-jet project in North Dakota.

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Aemetis Inc. released Q2 results, reporting increase revenue when compared to Q1. During an earnings call, company officials detailed progress with the company’s RNG, ethanol, biodiesel, SAF and carbon CCS projects.

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Conestoga Energy on Aug. 14 announced the acquisition of SAFFiRE Renewables LLC, a process technology company that enables production of ultra-low carbon intensity ethanol and intermediates, from Southwest Airlines Renewable Ventures LLC.

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DHL Express and the Cathay Group have entered into a new SAF partnership. Under the agreement, Cathay will supply DHL Express with 2,400 metric tons of SAF for international flights departing from three airports in Asia.

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