The board of YPF S.A. has approved the creation of Santa Fe Bio, a company dedicated to the production and commercialization of next-generation biofuels.
The main focus will be the production of SAF (Sustainable Aviation Fuel), the sustainable fuel for aviation recognized as the most scalable alternative for air transport. Additionally, it will also produce HVO (Hydrotreated Vegetable Oil), with properties similar to diesel.
Investment and project development
The estimated investment is USD 400 million, mostly financed by the project itself. Production will be installed at the San Lorenzo refinery, where a raw material pretreatment plant and a state-of-the-art biorefinery will be built.
The project includes two phases and will seek to access the benefits of the Large Investment Incentive Regime (RIGI).
