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The Fuel Additives segment produces biofuels from palm oil wastes and residues including sludge oil and used cooking oil. Our waste-derived biofuels generate significantly enhanced greenhouse gas that exceeds the international benchmark for sustainable biofuels. Our fuel additive products are fully audited and certified under the EU International Sustainability and Carbon Certification scheme and qualify under the EU “double counting” and “quadruple counting” schemes which provides our customers with the economic benefit of using less in order to comply with their mandated biofuels blending obligations.
Our products, which comply with the MS2008:2008, EN 14214 and the ASTM 6751 fuel standards for Malaysia, the EU and the US respectively are produced and supplied in bulk volume for the Malaysian and EU markets from the Senawang Complex. Our customers are tier-1 oil and gas companies who will blend our products into their diesel fuel product prior to retail market distribution. We do daily delivery for our domestic customers and monthly shipment for our international market.
Our objective is to expand into higher end products within the fuel additive market segment and focus on growth through capacity expansion and market diversification.