YPF starts $400 million SAF project in Santa Fe for global airlines
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YPF announced a new sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO) project in Santa Fe, Argentina, with an investment of more than US$400 million and an expected annual output of 170,000 tonnes.
The venture, a 50‑50 joint venture between YPF and Essential Energy called Santa Fe Bio, will be built on the historic San Lorenzo refinery site that includes a port terminal on the Paraná River; Phase 1, a pre‑treatment plant with up to 250,000 tonnes capacity, is 30 % complete and employs over 100 workers daily, potentially rising to 200 at peak, while Phase 2 will add the biorefinery with commissioning targeted for the end of 2029, and TotalEnergies has signed a long‑term purchase agreement to buy most of the plant’s output.