SAF One, a company focused on developing sustainable aviation fuel (SAF) solutions, has announced the acquisition of Green Biotrade, a UAE-based firm that specializes in trading feedstock and biofuels.
This acquisition is expected to strengthen SAF One’s ability to source and manage the raw materials needed for producing SAF, which is seen as a critical step in meeting the rising demand for cleaner aviation fuels.
“This is a significant milestone for us,” said Deepak Munganahalli, co-founder and director of SAF One. “By incorporating Green Biotrade’s expertise in feedstock trading and its extensive network, we’re building a more robust supply chain that can support the growing global need for sustainable aviation fuel.”
Hani Samsam, CEO and founder of Green Biotrade said joining SAF One represents an exciting opportunity. “Our team’s deep knowledge of sourcing and trading biomass perfectly aligns with SAF One’s vision to transform the aviation industry’s approach to sustainable fuel. This partnership will help us expand our capabilities and contribute to advancing sustainable energy solutions.”
The acquisition demonstrates SAF One’s commitment to establishing a reliable supply chain for SAF production, which plays a key role in reducing the aviation sector’s carbon emissions and addressing global climate goals.
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