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Malaysia's FatHopes expands biofuel feedstock trucking

  • Spanish Market: Biofuels
  • 20/08/26

Malaysian waste oil aggregator FatHopes Energy has acquired additional prime movers from domestic logistics firm Hap Seng Truck to transport biofuel feedstocks, it said today.

The investment will support higher feedstock volumes and continued expansion of the firm, FatHopes said. The firm's growing logistics capabilities will support its feedstock partnerships and planned 300,000 t/yr sustainable aviation fuel (SAF) and hydrotreated vegetable oil plant in Port Klang, Malaysia, said FatHopes Energy chief executive Vinesh Sinha.

FatHopes this year partnered with Chinese renewable fuel consultancy and feedstock brokerage MotionEco to source 200,000 t/yr of used cooking oil (UCO) and other sustainable feedstocks from China, as well as Spanish UCO Trading for over 200,000 t/yr of feedstock globally, and with Vietnamese PetroVietnam Oil Corporation to collect over 200,000 t/yr of Vietnamese feedstocks.

Argus assessed RED-certified SAF fob Strait of Malacca at $2,520/t on 19 August.


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