Biofuel feedstock supplier FatHopes Energy Sdn Bhd, has signed a memorandum of understanding with Dubai-based Lootah Biofuels LLC to supply sustainable aviation fuel to airlines flying out from the Dubai International Airport.
Both parties aim to explore the potential development of a SAF Refinery that can supply SAF to the aviation sector in Dubai or directly to the airport. The location of the plant it said will be determined based on the most strategic factors, such as the proximity to the point of consumption in Dubai or the availability of the feedstock in Malaysia.
The agreement also includes plans for Lootah Biofuels to study, adapt, and implement FatHopes Energy’s used cooking oil aggregation technology that has been developed for the past decade. This includes mobile apps and other digital solutions, along with an entrepreneurship program and franchisee scheme throughout the Middle East and North Africa region. The goal is to secure a consistent supply of raw materials for the SAF Refinery and establish a circular economy model that turns waste oil into valuable fuel.
This strategic initiative between FatHopes Energy and Lootah Biofuels also outlines a comprehensive plan for assessing and exploring the collaborative establishment of a UCO feedstock aggregation hub located in Westport, Malaysia. Planned as a regional consolidation centre, this hub is designed to efficiently manage all waste-derived feedstock spanning all of Asia. The hub will be vital to maximising the transportation and processing of feedstock for the SAF refinery with 200,000 tons of annual capacity. Beyond its operational function, the hub is positioned to enhance regional collaboration and trade within the renewable energy sector, contributing to the development of a more interconnected and sustainable landscape.
Collectively, the parties will also study the establishment of essential biofuels infrastructure in Southeast Asia to support the biofuels industry throughout the entire supply chain.
