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DG Fuels selects site in Moorhead, Minnesota for $5 billion SAF manufacturing facility
Nov 04, 2024•over 1 year ago
Contract Type
partnership
Description
DG Fuels announced the selection of a site in Moorhead, Minnesota for a roughly $5 billion manufacturing facility that will produce 193 million gallons per year of low-carbon aviation fuel (SAF) using agricultural and wood waste as feedstock. This announcement marks a notable milestone for the MN SAF Hub and is a significant commitment towards commercial scale SAF production in the state.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months