XCF Global provides update on New Rise Reno plant conversion

XCF Global (SAFX) provided an update on the conversion of its New Rise Renewables Reno Plant remains on schedule. The ongoing transformation of the plant is part of XCF’s New Rise Renewables’ broader strategy and is intended to enhance production and operational efficiency. XCF’s flagship New Rise Reno plant is undergoing a series of upgrades that are designed to optimize plant performance and support compliance with the applicable industry and operational standards. The conversion process includes the implementation of technologies and equipment modifications developed with support from Axens, a leading global licensor of sustainable refining and biofuels technologies, which serves as a technology partner to XCF. These updates are intended to support the production of sustainable aviation fuel, while maintaining operational stability and yield efficiency. Planned and ongoing updates to the plant include: Catalyst Replacement: The Isomerization Reactor is being reloaded with fresh catalyst to ensure optimal performance. Equipment Modifications: Modifications intended to improve optimism and reduce the potential for spurious trips at turndown flow rates and ensure stability at SAF severity. Heat Exchange Improvements: A new heat exchanger is being installed to take advantage of heat recovery to enhance product throughput and quality. The catalyst delivery schedule is currently expected to proceed as planned, with the first catalyst anticipated to arrive by end of May 2026 and the second delivery of catalyst in early June 2026, supporting the anticipated commissioning of the plant in early June. The company expects these deliveries to support planned commissioning activities, subject to project conditions.