Resintech inks MoU with SEDC Energy to boost Sarawak’s SAF production
In Malaysia, The New Straits Times reported that Resintech is collaborating with Sarawak Economic Development Corporation (SEDC) to develop and produce sustainable aviation fuel.
Resintech’s wholly-owned subsidiary Resintech Plastics Sdn Bhd (RPSB) signed a memorandum of understanding (MoU) with SEDC Energy Sdn Bhd (SESB), a subsidiary of SEDC.
The MoU outlines the intentions and framework for a joint venture leveraging Resintech and SEDC’s strengths and resources to operate in the plastic industry sector and contribute to producing the world’s first SAF from algae, the report added.
Resintech also said it will provide the critical infrastructure needed for the cultivation of algae, the precursor in the production of the SAF.
Resintech’s managing director Datuk Teh Kim Poo said that the joint venture with SESB underscores Resintech’s strategic intent to expand its operations in Sarawak and embrace innovative technologies and sustainability. “We are eager to contribute to this revolutionary project, paving the way for greener aviation fuels,” Teh said.
Category: SAF
