Acelen Renewables and Bunge sign five-year certified soybean oil supply for SAF and HVO
- Five-year agreement for 300,000 metric tons of certified soybean oil annually, totaling more than 1 million metric tons.
- Deliveries begin in 2029 when Acelen Renewables’ Bahia biorefinery is expected to start operations to produce SAF and renewable diesel (HVO).
- Supply can be sourced from Brazil and Argentina and is expected to be certified to EPA and CARB traceability and sustainability standards.
- Acelen’s first integrated facility involves investments exceeding US$3 billion and targets production capacity of 1 billion liters of SAF and HVO per year.
Deal scope
Acelen Renewables and Bunge have signed a five-year supply agreement for 300,000 metric tons of certified soybean oil per year, totaling more than 1 million metric tons over the contract. The supply is intended for SAF and renewable diesel (HVO) production at Acelen’s first integrated biorefinery.
Feedstock and certification
The soybean oil can be sourced from Brazil and Argentina and is expected to meet U.S. EPA and California Air Resources Board (CARB) certification for traceability and sustainability compliance. Acelen has also secured used cooking oil (UCO) agreements and is developing a macaúba supply chain to diversify feedstock options.
Strategic rationale
The partners position the deal to secure certified feedstock, ensure traceability, and support large-scale renewable fuel production. Bunge’s role in soybean origination and its regenerative and traceability programs are cited as enablers for sourcing certified material and supporting on‑farm sustainability measures.
Project scale and timing
The Bahia biorefinery is expected online in 2029. The project carries reported investments above US$3 billion and aims to produce up to 1 billion liters of SAF and HVO annually, creating a new industrial value chain for low‑carbon fuels in Brazil.
Source: Acelen Renewables
