DG Fuels seeks buyers for future eSAF production

US-based synthetic fuels producer DG Fuels said it aims to modify its patented SAF production system to meet the European Union regulations by converting 25% of its expected 200m gallons per annum of SAF production to qualify as eSAF.

“We are now beginning discussions with potential eSAF buyers for the sale of the eSAF under long term offtake contracts at attractive prices. We encourage all potential buyers to reach out to us immediately as we intend to sign binding commitments to supply the eSAF as quickly as possible,” said Chris Chaput, DGF’s president and CFO.

The company said it has received independent third party consultant reports confirming that the modified DGD system will result in production of high value eSAF under EU guidance.

DGF expects the eSAF production to be available for delivery in 2030.

“The production of 50m gallons per year of eSAF for buyers in Europe for buyers in Europe should go a long way to assuage fears that there will not be enough SAF available for mandated parties to purchase. This will help create a functional eSAF market, balancing supply and demand,” added DGF CEO Michael Darby.