Eco-Sponge agrees five-year deal with Ace Edible Oil for 150,000 tons of palm-based biodiesel and products annually

In Malaysia, Fintech Global announced that its wholly owned subsidiary, Eco-Sponge Sdn. Bhd. (“ECS”), had on March 23, 2021 entered into a five-year collaboration agreement with Ace Edible Oil Industries Sdn. Bhd.(“AEOI”), a wholly owned subsidiary of Green Ocean Corporation Berhad (“G Ocean”) to supply around 150,000 metric tons’ worth of biodiesel and biofuel related products to the end customers in Malaysia and any other countries mutually agreed by the Parties from time to time.