For HEFA Operators

Your Renewable Naphtha Is Worth $15M/Year*.
You're Currently Getting a Fraction of That.

Flexiforming converts your HEFA naphtha into high octane renewable gasoline with a line of sight to Synthetic Aromatic Kerosene (SAK), enabling 100% drop-in SAF and generating $15M in annual EBITDA from what's currently a margin drag.

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The problem

The HEFA Naphtha Problem

Every HEFA plant produces 5–25% renewable naphtha as a byproduct in "Max SAF" mode. This naphtha sells for a fraction of SAF value, depressing your blended economics. Worse, without aromatic content, HEFA SPK alone cannot serve as a 100% drop-in even after ASTM adopts a neat SAF standard — it will have to continue being blended with conventional jet fuel, limiting premium pricing.

Flexiforming solves both problems:

First, it converts your naphtha byproduct into high-octane renewable gasoline — an immediate value step-up of $100/ton.

Then, the same equipment with an added reactor and recycle pumps produces SAK (Synthetic Aromatic Kerosene), providing the aromatic content HEFA SPK needs to become a fully functional replacement for fossil jet.

Your byproduct becomes your most profitable product line.

Unit economics

Economics of HEFA Naphtha Upgrading

Step 1: High-Octane Renewable Gasoline
$100+ per ton
$10+ per bbl
Conversion margin
$3–4M
per year
Annual EBITDA
$5M
one-time
Total investment
Step 2: Synthetic Aromatic Kerosene (SAK)
$1,900/ton
Conversion margin
$15M
per year
Annual EBITDA
$5M
Additional investment
*Based on a ~10k tpa bolt-on Flexiformer to a 50k tpa HEFA plant. Conversion margins shown per ton or bbl of HEFA naphtha. All economics to be confirmed for a specific location and configuration.

Phased deployment

How It Works for Your HEFA Plant

01
Deploy now

Naphtha + Ethanol → Gasoline

Add an inexpensive modular Flexiformer as a bolt-on to your HEFA plant, or repurpose an existing idle NHT or reformer. Co-feed HEFA naphtha with ethanol to produce high-octane semi-renewable gasoline. Claim environmental credits if available.
02
When ASTM-ready

HEFA Naphtha + Ethanol → SAK

Your Step 1 Flexiformer becomes Stage 1. Add a Stage 2 reactor and two recycle loops. Produce Synthetic Aromatic Kerosene (SAK) from the naphtha. Once ASTM approves, blend SAK with your HEFA SPK to make fully formulated, 100% drop-in SAF.

How Much Is Your Naphtha Really Worth?

Share your HEFA plant's naphtha qualities. We'll model the Flexiforming economics for your facility.

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