Turkey’s Tüpraş makes progress on SAF production plans
Tupraş, a Turkish oil refining company, announced progress in its plans to produce sustainable aviation fuel (SAF) at its Izmir refinery.
The company stated that detailed engineering studies are ongoing and are expected to be completed by the end of next year.
This follows the strategic transformation plan announced in November 2021, which included a target for SAF production.
The final investment decision for the project will be made after the completion of the engineering studies. Tupraş is also working with Tiryaki Agro and Tupraş Trading to secure a reliable supply of raw materials for SAF production. These raw materials will consist of second-generation plant and animal waste.
According to the signed agreements, Tupraş Trading will begin trading waste raw materials on January 1, 2025. Tiryaki Agro and/or its subsidiaries will then supply at least 450,000 tons of Tupraş’s estimated annual vegetable and animal waste raw material needs (300,000 tons) for a period of 10 years starting from January 1, 2029.
The price paid by Tupraş to Tiryaki Agro for the raw materials will be determined based on a methodology that considers Northern European raw material and SAF price indices on the relevant date.
The contract also includes provisions for mutual purchase and sale commitments, penalties for non-compliance, termination if the SAF facility investment is not made, and rights and obligations regarding certificates for raw material types and quality standards.