VARO
VARO is a fuel producer in sustainable aviation fuel. It is named in 1 agreement on the SAFxCHANGE record in 2023, having sold to 1 buyer. The 1 that state a volume add up to 325 million litres (86 million gallons, 260 thousand tonnes). It is recorded with 1 plant or project, announced at 245 thousand tonnes a year.
Energy company that makes and sells renewable fuels including sustainable aviation fuel.
Where VARO sits, from feedstock to flight
- Feedstock
- Technology
- Production Fuel producer
- Supply and delivery Fuel supplier
- Airports
- Flight
Who VARO trades with each line one counterparty, as thick as the number of agreements, coloured by its place in the value chain
Sold to
The agreements 1, newest first
| Year | Producer | Buyer | Supplier | Volume, million litres | Term, years | Deliveries from | Signed | Status | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2023 | VARO | Lufthansa Group | 325 | 2026 | recorded | announcement |
Plants and projects recorded with VARO as owner
| Plant | Where | Pathway | Status | Capacity, thousand tonnes a year | Starts | Record |
|---|---|---|---|---|---|---|
| Varo | Rotterdam, Netherlands | HEFA | planned | 245 | 2026 | on the record |
About
VARO is an online bank that offers a range of financial services without hidden fees. It provides high-yield savings accounts, credit building through the Believe credit-builder card, cash advances, and early payday through direct deposit. VARO emphasizes no monthly fees, no overdraft fees, no in-network ATM fees, and no minimum balance fees. The bank also offers features like mobile banking, free debit cards, cash back rewards, and FDIC insurance up to $250,000. Additionally, VARO supports money transfers through its Varo to Anyone service and Zelle.
From the SAFxCHANGE company list, where it is filed as "Online Bank".
In the news the latest 20 items naming VARO
- 2026-10-06 VAROPreem marks 60 years of Cressier manufacturing hub at the heart of Switzerland’s energy system Cision News
- 2026-07-09 VAROPreem completes Sunpine acquisition - boosting Europe’s renewable fuels supply chain Biofuels International Magazine
- 2025-04-02 Varo Energy announces agreement to acquire Preem Biodiesel Magazine
- 2025-03-31 Varo buys Scandinavia's top refiner, biofuel producer Preem Quantum Commodity Intelligence
- 2025-03-31 Varo Energy to Acquire Preem Holding AB in Transformational Deal biobased-diesel.com
- 2025-03-17 The Iberian Green Industrial Opportunity: Sustainable Fuels mckinsey.com
- 2024-08-05 Gunvor joins VARO to jointly develop large-scale Sustainable Aviation Fuel (SAF) manufacturing facility euro petrole
- 2023-12-20 Azure Sustainable Fuels Corp. Announces New SAF Production Facility in Kansas biobased-diesel.com
- 2023-12-20 Höegh Autoliners and Varo Energy Forge Partnership for Sustainable Maritime Shipping biobased-diesel.com
- 2023-10-01 Gunvor Acquires 50% Stake in Dutch Biofuels Project Amid Diversification Push oilprice.com
- 2023-10-01 Varo Energy to Acquire Swedish Refiner Preem in Major Renewable Fuel Deal oilprice.com
- 2023-09-08 VARO Energy to Build Large-Scale SAF Manufacturing Facility in Rotterdam biofuels-news.com
- 2023-09-08 VARO Energy Announces Construction of Large-Scale SAF Manufacturing Facility in Rotterdam biomassmagazine.com
- 2023-09-07 Varo Energy Announces Construction of Large-Scale SAF Manufacturing Facility in Rotterdam biobased-diesel.com
- 2023-09-01 All Nippon Airways Extends SAF Flight Initiative to Cargo Services biobased-diesel.com
- 2023-08-08 Varo Energy to Build SAF Manufacturing Facility at Gunvor's Rotterdam Refinery hydrocarbonprocessing.com
- 2023-04-01 Manitoba Government Funds Azure Sustainable Fuels for SAF FEED Study biobased-diesel.com
- 2023-04-01 Airbus and Total Energies Forge Strategic Partnership for Sustainable Aviation Fuel biobased-diesel.com
- 2023-02-22 Varo Partners with Orim Energy to Provide Marine Biofuels in Northern Europe biobased-diesel.com
- 2023-02-21 Varo partners with Orim Energy to provide marine biofuels in Northern Europe biobased-diesel.com
Other fuel producers
Neste 44 agreementsGevo, Inc. 20 agreementsShell PLC 18 agreementsWorld Energy 17 agreementsShell Aviation 17 agreementsAemetis 13 agreementsPhillips 66 Company 10 agreementsLanzaJet, Inc. 8 agreements
A company page draws on the SAFxCHANGE record: the agreement table (2013 to late 2023), the plants table (December 2023) and what the reader has found in the news since, marked unverified until checked. The categories follow the SAFxCHANGE value-chain map; they were assigned from the company's role in the deals and plants and from what is written about it, and a company can fill more than one. Names are matched by their words, so a company recorded under two very different names may show on two pages. Cite as: eFlight SAFxCHANGE, VARO: sustainable aviation fuel agreements, plants and people, https://eflight.com/saf/company/varo, retrieved 2026-10-18. Terms. To correct the record, write to [email protected].
