Client Abraxas Power Corporation
Project Hydrotreated Vegetable Oil (HVO/HEFA) SAF PreFEED
Sector Energy, Chemicals & Resources
Services FEL 2 – Concept Select & Definition
Location Romania

Objective

To deliver a PreFEED study for an integrated, industrial-scale Hydrotreated Vegetable Oil (HVO) Sustainable Aviation Fuel (SAF) facility in Romania, converting Camelina seed into SAF via the Hydroprocessed Esters and Fatty Acids – Synthetic Paraffinic Kerosene (HEFA-SPK) pathway. The study aimed to:

  • Establish the technical requirements for a greenfield, co-located development.
  • Define project boundaries and work packages.
  • Develop process simulation and design deliverables.
  • Produce a Class IV CAPEX estimate.
  • Assess carbon intensity in line with RED III requirements.
  • Support an application for €93 million funding from the EU Modernisation Fund.

The development is intended to contribute to the decarbonisation of the European aviation sector.

Project Scope

The PreFEED covered an integrated development at a greenfield site in Romania.

Integrated Facilities

The project comprises:

  1. Camelina Seed Pre-Treatment and Pressing Facility
    • Pre-cleaning, flattening, moisture and heat treatment.
    • Mechanical oil extraction.
  2. Solvent Extraction Plant
    • Additional oil extraction from pressed cake.
    • Production of meal as a by-product.
  3. Camelina Oil Refinery
    • Degumming, neutralisation and bleaching.
    • Production of refined Camelina oil suitable for SAF conversion.
  4. SAF Production Facility (HEFA-SPK Route)
    • Hydrogen generation via electrolysis.
    • Hydrotreating.
    • Isomerisation / hydrocracking.
    • Hydrogen recovery.
    • Distillation to produce SAF, HVO diesel and naphtha.
  5. Utilities and Infrastructure
    • Electrical substation and grid connection.
    • Water supply from the Danube.
    • Effluent and wastewater treatment.
    • Storage and export systems.
    • Flare, firewater and supporting utilities.

Design Basis & Capacity

The updated basis targeted:

  • ~3,600 tpd Camelina seed.
  • ~50 t/h refined Camelina oil feed to SAF production.
  • SAF production of ~22.6 t/h (~180 ktpa).
  • HVO diesel production of ~19.5 t/h (~156 ktpa).
  • Overall plant power demand of ~153 MW (End of Life basis).

The facility is designed to operate in base case mixed product mode or in maximum SAF or maximum HVO modes.

Findings & Recommendations

Findings

Integrated Technical Concept Defined

Complete PreFEED technical package, including:

  • In-house HYSYS simulation of the SAF Production Facility.
  • 84% overall conversion of Camelina oil to SAF and HVO diesel.
  • Flexible product slate capability (SAF/HVO ratio adjustable).
  • Identified energy penalty when operating in maximum SAF mode due to additional hydrocracking.

Carbon Intensity Compliance Achieved

Using RED III Annex V methodology:

  • Calculated CI: 23.85 gCO₂e/MJ
  • RED III target: ≤ 32.9 gCO₂e/MJ
  • Calculated reduction vs fossil comparator: 74.6%

The project meets the RED III requirement of at least 65% emissions reduction.

Seed yield was identified as the dominant driver of lifecycle emissions (eec component).

Capital Cost Structure Established

Two concepts were evaluated:

  1. Core facility.
  2. Facility plus port and train storage infrastructure.

The estimate was prepared in accordance with AACEi Class 4 methodology (±40% accuracy). The hydrogen plant, SAF production facility and utilities represent the largest cost blocks.

Value Improvement Opportunities Identified

A structured review identified potential cost reduction measures, including:

  • Reduction of refined oil, product and feedwater storage capacity.
  • Cost optimisation by using alternative hydrogen generation technologies and impact on Carbon Intensity
  • Firewater demand reduction via tank segregation.
  • Conveyor system length optimisation.
  • Removal of potable water system (if tie-in feasible).

Collectively, these measures could reduce expected project cost by approximately 6.4% (Concept 2 basis).

Logistics and Infrastructure are Critical Risk Areas

The feasibility of the project is strongly dependent on:

  • Availability of sufficient agricultural land.
  • Seed storage and transport capability (road, rail and barge).
  • Port and train station storage capacity.
  • Power supply constraints and green PPA availability.
  • Raw water extraction permitting from the Danube.
  • Final SAF licensor selection and vendor engagement.

Economic Sensitivity to Market Variables

The economics model identified exposure to:

  • Meal monetisation risk.
  • Diesel sales price volatility.
  • Camelina seed feedstock price.
  • Grid power pricing.
  • Capital cost escalation.

Upside cases show improved performance under stronger pricing or reduced capital cost conditions.

Recommendations

Confirm Optimal Production Strategy

  • Reassess optimal throughput and product slate based on refined logistics data and economics.
  • Confirm whether base case mixed production or maximum SAF mode provides strongest long-term position.

Advance Seed Supply and Logistics Definition

  • Confirm land availability and realistic seed yield assumptions.
  • Validate storage and transport capacity at farm, port and rail nodes.
  • Perform detailed logistics study in next phase.

Progress Licensor Engagement

  • Continue engagement with Honeywell-UOP.
  • Engage additional licensors (e.g. Axens).
  • Perform paid technical studies to firm up scope and guarantees.
  • Select licensor prior to FEED.

Refine Carbon Intensity Model

  • Update CI model at next engineering stage.
  • Incorporate confirmed farm locations and transport routes.
  • Refine seed yield assumptions and logistics emissions.

Confirm Utilities and Infrastructure

  • Confirm grid capacity and green PPA feasibility.
  • Confirm raw water permitting and pump house suitability.
  • Develop detailed port and rail infrastructure definition.
  • Confirm export routing strategy.

Optimise Plot Plan and Storage Strategy

  • Perform detailed plot plan optimisation to reduce footprint.
  • Evaluate storage reduction scenarios against operational flexibility.
  • Validate firewater demand reduction strategy.

io Value Add

The PreFEED demonstrates io’s capability to:

  • Integrate agricultural supply chain considerations with refinery-scale process design.
  • Develop in-house process simulation aligned with licensor data.
  • Translate mass balance outputs into carbon intensity modelling compliant with RED III.
  • Deliver structured cost estimation and value improvement analysis.
  • Provide scenario-based economics modelling to inform optimal production strategy.
  • Identify and clearly articulate technical, logistical and commercial risks ahead of FEED.

Importantly, the study provides Abraxas with:

  • A technically defined greenfield concept.
  • Evidence of RED III compliance.
  • Defined infrastructure requirements.
  • A structured roadmap to FEED, FID and projected start-up (Q3 2030).

The Abraxas Romania HVO SAF PreFEED establishes a technically viable, RED III-compliant integrated Camelina-to-SAF facility with flexible product configuration and a defined development pathway.

While further work is required in feedstock logistics, licensor selection, infrastructure definition and optimisation, the study provides a comprehensive foundation to progress into FEED and advance funding discussions.