12-06-2025

GreenSinnergy and Axens sign MoU to advance SAF projects in Argentina and Latin America

GreenSinnergy GmbH, a company specialized in green project developments, and Axens, a global provider of technologies and services for the production of cleaner fuels, have signed a Memorandum of Understanding (MOU) to explore the development of sustainable aviation fuel (SAF) projects in Argentina and across Latin America. This strategic collaboration aims to leverage Axens' advanced technologies and GreenSinnergy's project leadership to address the growing demand for sustainable energy solutions in the aviation sector, connecting the region’s world-class energy resources with Axens' cutting-edge technological capabilities.

Under the terms of the MOU, GreenSinnergy will lead the project development efforts, while Axens will serve as the licensor-of-record for key technologies, including CO₂ capture, hydrogen purification, Fischer-Tropsch synthesis and upgrading of the final kerosene and naphtha. The partnership will initially focus on and prioritise the development of the Eco-Refinerías del Sur project in Chubut, Argentina, one of the most prominent industrial projects in the region, and will expand to other SAF initiatives throughout Latin America with the commitment to explore a potential business relationship.

The collaboration aims to identify and secure project partners, ensure regulatory compliance and obtain necessary permits, establish feedstock supply and SAF offtake agreements, and develop comprehensive project cost estimates covering both capital and operational expenditures.

This partnership underscores the shared vision of GreenSinnergy and Axens to contribute to the production of low-carbon and more sustainable fuels.

"This strategic alliance with Axens is a true game changer in our mission to transform the wind of Argentine Patagoina into a new generation of sustainable aviation fuel - a decisive move toward decarbonising one of the most complex and hard-to-abate sectors of the energy transition. As one of the world's leading technology providers in clean fuels and carbon management, Axens brings unmatched expertise to this and upcoming projects," said carolos Villalba, co-founder of GreenSinnergy.

"We are providing to GreenSinnergy a complete suite of technologies from the capture of CO₂ until the production of SAF to remove the technology risk from the equation. We will share our extensive knowledge and experience in project development, gathered from project developed worldwide in the energy transition. We believe in collaboration, key to overcome all the challenges that GreenSynnergy will face from the first phases of the project, until FID and the ultimate operation of the plant," said Frederic Balligrand, vice president renewables, Axens.