XCF Global Signs MOU With BGN INT To Explore Developing Global Distribution And Logistics Partnership For SAF, Renewable Diesel, And Renewable Naphtha

Strategic partnership between XCF Global and BGN to jointly develop global distribution and logistics infrastructure for SAF and other renewable fuels

Seeks to expand XCF's international reach into key markets including Europe and the Middle East through production, offtake, and co-branded distribution agreements

Advances global renewable fuel supply chains to meet rapidly rising demand for SAF

HOUSTON, TEXAS / ACCESS Newswire / November 17, 2025 / XCF Global, Inc. ("XCF") (NASDAQ:SAFX), a leader in advancing the decarbonization of the aviation industry through Sustainable Aviation Fuel ("SAF"), today announced that it has entered into a Memorandum of Understanding("MOU") with BGN INT US LLC ("BGN"), a global renewable fuels trading, marketing, and distribution company, to explore developing a global distribution and logistics partnership for SAF, renewable diesel ("RD"), and renewable naphtha ("RN") (together, "renewable fuel").

Under the MOU, XCF and BGN intend to evaluate opportunities to collaborate on renewable fuel production, marketing, and distribution across multiple regions around the world, including Europe and the Middle East. The proposed framework includes offtake and co-branded distribution agreements, as well as joint development of renewable fuel production capacity. In addition, the proposed strategic partnership seeks to promote the use of XCF's SAF within industry trade associations and OEM networks, and throughout the customer value chain.

The collaboration underscores both companies' commitment to building a robust global supply chain at a time when demand for SAF is expanding rapidly. According to the International Air Transport Association (IATA), airlines will need approximately 165 billion gallons of SAF annually by 2050 to meet net-zero emission targets. Meeting this demand would require the construction of up to 7,000 new facilities worldwide. Analysts project that the global SAF market could exceed $25 billion by 2030 and reach ~$270 billion by 2050, underscoring one of the most compelling growth opportunities in the global energy transition.

This MOU is non-binding, and execution remains subject to customary due diligence, technical validation, and final agreements.