SAF One, a key player in the development of sustainable aviation fuel (SAF) solutions, has announced its acquisition of Green Biotrade, a UAE-based feedstock and biofuels trading company. This acquisition is aimed at enhancing SAF One’s supply chain and securing essential feedstock for its SAF production projects.
The acquisition will allow SAF One to strengthen its capabilities in sourcing and managing the biomass resources critical for sustainable aviation fuel production. The company’s strategic move is expected to streamline its operations and increase its capacity to meet the growing demand for cleaner aviation fuels.
Deepak Munganahalli, Co-Founder and Director of SAF One, emphasized the significance of the acquisition: “Integrating Green Biotrade’s extensive trading expertise and feedstock network into SAF One’s operations will bolster our ability to source and secure the vital resources needed for sustainable aviation fuel production. This acquisition is a crucial step in reinforcing our supply chain and advancing our mission to scale up SAF production for a more sustainable aviation future.”
Hani Samsam, CEO and Founder of Green Biotrade, also expressed optimism about the integration: “Becoming part of SAF One is an exciting development for our team. Our expertise in biomass sourcing and trading aligns perfectly with SAF One’s vision to drive sustainability in the aviation sector. This collaboration will enhance our capabilities in biofuels and feedstock, allowing us to accelerate innovation and contribute to global energy solutions.”