19 September 2024
Tiryaki Agro

Tiryaki Agro

Tiryaki Agro, a leading global agricultural supply chain company, has signed a significant agreement with Tüpraş, Turkey's largest industrial company, to supply waste oils as raw materials for Sustainable Aviation Fuel (SAF) production. Leveraging its expertise in global agricultural product sourcing and processing, Tiryaki Agro will provide second-generation waste oils derived from plant and animal residues for the sustainable aviation fuel initiative planned by Tüpraş in Turkey.

Tiryaki Agro to Supply Raw Materials to Tüpraş for Sustainable Aviation Fuel Production

Tiryaki Agro, a leading global agricultural supply chain company, has signed a significant agreement with Tüpraş, Turkey’s largest industrial company, to supply waste oils as raw materials for Sustainable Aviation Fuel (SAF) production. Leveraging its expertise in global agricultural product sourcing and processing, Tiryaki Agro will provide second-generation waste oils derived from plant and animal residues for the sustainable aviation fuel initiative planned by Tüpraş in Turkey.

Tiryaki Agro, known for its commitment to sustainable bioeconomic activities, considers this agreement as a cornerstone of its growth strategy. By partnering with Tüpraş, the company aims to merge its expertise in agricultural product supply chains with the experience of Turkey’s leading industrial and energy player to contribute to the production of sustainable aviation fuel.

For this project, Tiryaki Agro will utilize its global supply chain management capabilities and invest nearly $100 million to establish cleaning and pre-processing facilities. As per the agreement, Tüpraş and Tiryaki Agro will commence trading in SAF raw materials from 2025 onwards. Following the completion of Tüpraş‘s SAF production facility, Tiryaki Agro will supply raw materials to Tüpraş for a period of 10 years.

Commenting on the partnership, Süleyman Tiryakioğlu, CEO of Tiryaki Agro, described the company as a key player in the bioeconomy field, emphasizing their focus on renewable biological resources processing to create value in food, feed, chemical, and energy sectors. He expressed delight in signing a long-term raw material supply agreement for Tüpraş‘s planned sustainable aviation fuel production facility, aiming to support Turkey’s leadership in the SAF sector.

Holistic Approach to Sustainability

Tiryaki Agro manages every aspect of the agricultural supply chain, from production to storage, processing, logistics, trade, and final consumer delivery. The company continues to invest in agricultural-based energy projects, sustainable-regenerative farming practices, research-based product development, advanced food and feed processing, and value-added agricultural supply chain integrations.

Focused on plant-based protein production, soybean crushing facilities, oilseed processing plants, and starches and derivatives, Tiryaki Agro aims to expand its operations in Turkey and nearby regions.

About Tiryaki Agro

Tiryaki Agro Group is one of the world’s leading global players in the agricultural product supply chain. Sourcing over 3 million tons of feed and oilseeds, grains, pulses, nuts, and organic food products annually from 35 countries, Tiryaki Agro processes them in advanced technologies at 25 production facilities across four continents, serving nearly 70 countries. With an annual revenue exceeding $2 billion, Tiryaki Agro has a unique business model that efficiently manages every part of the agricultural supply chain, from certified seed production to on-farm production, product processing, storage, logistics, and direct trade.

About Tüpraş

With four refineries located in Izmit, Izmir, Kırıkkale, and Batman, Tüpraş has an annual total crude oil processing capacity of 30 million tons, making it Turkey’s largest industrial company and a leader in the energy sector. Committed to a sustainable future, the company focuses on four business areas: sustainable refining, biofuels, zero-carbon electricity, and green hydrogen, aiming to lead the country’s clean energy transition. By 2030, Tüpraş aims to process 400,000 tons of biofuel feedstock and triple its SAF production capacity after 2035.