EcoCeres invests in SAF, HVO biorefinery in Malaysia
SOURCE: EcoCeres Inc.
June 16, 2023
BY EcoCeres Inc.
EcoCeres Inc. has announced a significant investment in a new biofuel production facility in Pasir Gudang, Johor, Malaysia. The facility will serve as a major production hub for hydrotreated vegetable oils (HVO), sustainable aviation fuel (SAF) and bio-naphtha with an annual capacity target at 350,000 metric tons.
Used cooking oil and wastewater from palm oil mills will be used as feedstocks, which will then be turned into high-value sustainable fuels and chemicals. By integrating waste management practices into the production process, this facility contributes to Johor's efforts in waste reduction, resource conservation, and sustainable material management. More than 260 jobs will be created and will result in more employment opportunities in the surrounding towns.
“Today, thanks to EcoCeres, will mark the beginning of a process that will eventually result in the construction of a sustainable biofuel facility, which will have important repercussions not only for the state but also for the nation,” the Chief Minister of Johor Datuk Onn Hafiz Ghazi remarked. “The presence of this biofuel production facility creates opportunities for new jobs and calls for a knowledgeable labor force in its continued operation, which is significant from an economic point of view.”
"This project will be a win-win-win partnership between EcoCeres, Johor Government, local communities as a whole for delivering a de-carbonization solution to the world. It is also a pivotal milestone in our global expansion journey," said Philip Siu, co-founder and CEO of EcoCeres. "The facility, to be managed by Malaysian subsidiary EcoCeres Renewable Fuels Sdn Bhd, will leverage EcoCeres' proprietary technologies to convert low-value feedstocks into high-value sustainable fuels and chemicals.”
Advertisement
Advertisement
Related Stories
HutanBio on May 8 announced that the production process for its proprietary HBx microalgal biofuel achieves net-negative carbon emissions, based on an independent cradle-to-gate life cycle assessment (LCA) conducted by EcoAct.
Reps. Zach Nunn, R-Iowa, and Nikki Budzinski, D-Ill., on May 7 introduced a bill that aims to update USDA’s Section 9003 program to expand access to grants, streamline loan guarantees and provide $100 million in mandatory funding over five years.
Novonesis on May 8 released fourth quarter financial results, reporting its Agriculture, Energy and Tech segment achieved 10% organic growth during the three-month period. Much of that increase was driven by the biofuels industry.
On May 6, the Sustainable Aviation Buyers Alliance released a request for proposal (RFP) to increase the supply of next-generation sustainable aviation fuel (SAF), including power-to-liquids and those using advanced biobased feedstocks.
Sunoco LP on May 5 announced a definitive agreement to acquire all outstanding shares of Parkland Corp. The Burnaby refinery, which recently began to produce SAF, is among the assets subject to the transaction.
Upcoming Events
