Syntholene Energy Corp Commences Trading On TSX Venture Exchange Under Symbol 'ESAF'

(MENAFN- Newsfile Corp) Chicago, Illinois--(Newsfile Corp. - December 12, 2025) - SYNTHOLENE ENERGY CORP (TSXV: ESAF) ("Syntholene" or the "Company") announces that the Company's shares have commenced trading on the TSX Venture Exchange under the symbol ESAF, positioning the Company as the first publicly traded pure-play synthetic fuel company in the world.

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"Listing on the TSXV marks a pivotal moment for Syntholene as we embark on our mission to deliver high-performance and capital-efficient synthetic fuel to the airline industry and beyond," stated Syntholene CEO Dan Sutton. "Our team is excited to share Syntholene's objectives with investors, build lasting partnerships, and take our place in the rapid growth sector eFuel sector. We are ready to get to work to build an opportunity for shareholders to participate from day one of this new era for low-cost, high-performance, and carbon-neutral eFuels."

Syntholene is actively commercializing its novel Thermal Hybrid Production Process for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel ("eSAF" or "eFuel"), produced at 70% lower cost than the nearest competing technology today. The company's mission is to deliver the world's first truly high-performance, low-cost, and carbon-neutral synthetic fuel at an industrial scale. Syntholene's production pathway aims to drive emissions reduction into carbon negativity, and to actively reduce carbon in the atmosphere with every liter consumed.

eFuel Market

Synthetic aviation fuel is a clean, drop-in-ready jet fuel made from renewable power, green hydrogen, and captured CO2, offering up to 90% lower lifecycle emissions and helping airlines meet global decarbonization mandates without changing their aircraft engines or retrofitting.

The broader global aviation fuel market size was valued by Fortune Business Insights at USD 391.23 billion in 2023 and is projected to grow from USD 431.70 billion in 2024 to USD 819.73 billion by 2032, exhibiting a CAGR of 8.35% during the forecast period (source ).

According to a report by MarketsandMarkets, the global sustainable aviation fuel market is projected to expand from an estimated USD 2.06 billion in 2025 to approximately USD $25.62 billion by 2030, representing a compound annual growth rate (CAGR) of about 65.5%.

Within these projections lies the ReFuelEU Aviation Regulation, the European Union's landmark mandate requiring airlines and fuel suppliers to adopt sustainable aviation fuel (SAF) at all major EU and EU Economic Zone airports starting in 2025. The regulation sets binding, rising SAF blending requirements of 2% in 2025, 6% in 2030, 20% in 2035 and up to 70% by 2050, creating one of the world's largest guaranteed markets for clean jet fuel (Source ).

The EU has also paired this demand-side measure with a supply-side subsidy, offering up to 6€ per liter to airlines that purchase eSAF specifically (Source: Reuters ). The combination of mandated demand and subsidized supply underscores the EU's seriousness about bolstering the rapid scale-up of eSAF production from producers like Syntholene.

About Syntholene

Syntholene is actively commercializing its novel Hybrid Thermal Production System for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, manufactured at 70% lower cost than the nearest competing technology today. The company's mission is to deliver the world's first truly high-performance, low-cost, and carbon-neutral synthetic fuel at an industrial scale, unlocking the potential to produce clean synthetic fuel at lower cost than fossil fuels, for the first time.

Syntholene's power-to-liquid strategy harnesses thermal energy to power proprietary integrations of hydrogen production and fuel synthesis. Syntholene has secured 20MW of dedicated energy to support the Company's upcoming demonstration facility and commercial scale-up.

Founded by experienced operators across advanced energy infrastructure, nuclear technology, low-emissions steel refining, process engineering, and capital markets, Syntholene aims to be the first team to deliver a scalable modular production platform for cost-competitive synthetic fuel, thus accelerating the commercialization of carbon-neutral eFuels across global markets.

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