SAF One acquires Green Biotrade to boost feedstock supply chain
This strategic acquisition will strengthen SAF One's supply chain capabilities and secure critical feedstock for its sustainable aviation fuel (SAF) projects.
Deepak Munganahalli, co-founder and director at SAF One, said, "Our acquisition of Green Biotrade represents a significant milestone in our mission to accelerate sustainable aviation fuel production.
“By integrating Green Biotrade's extensive trading expertise and robust feedstock network, we are enhancing our ability to source, secure, and manage the critical biomass resources essential for our SAF production. This move underscores our commitment to building a comprehensive and resilient supply chain that can support the growing demand for clean aviation fuels."
Hani Samsam, CEO and Founder of Green Biotrade, added: "Joining SAF One marks an exciting new chapter for our team. Our deep understanding of biomass trading and sourcing aligns perfectly with SAF One's vision of transforming the aviation industry's approach to sustainable fuel.
“This integration will also allow us to grow and expand our capabilities in feedstock and biofuels, enabling us to further drive innovation and contribute more broadly to the advancement of sustainable energy solutions."