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SGX mainboard-listed Oiltek’s Malaysian unit in talks over Sarawak SAF pilot plant programme

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SINGAPORE (July 4): SGX mainboard-listed Oiltek International Ltd’s Malaysian subsidiary Oiltek Sdn Bhd is currently in discussions with SEDC Energy (SEDCE), a wholly owned subsidiary of Sarawak Economic Development Corporation (SEDC), over a sustainable aviation fuel (SAF) pilot plant programme.

The programme is said to have scalable potential to meet the growing SAF production demand in the region, and will have an initial size of 15 kilotonnes per annum (15KTA), according to a joint press release on Thursday (July 3).

The proposed pilot plant will utilise Swiss global technology provider Sulzer’s bioflux technology and…(click on link for full story theedgesingapore.com)

Source : https://theedgemalaysia.com/node/761427


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