SK SAF Advances Sarawak’s First Sustainable Aviation Fuel Project
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SK SAF and partners have completed feasibility work for Sarawak's first sustainable aviation fuel project, enhancing the region's position in the SAF sector. The project aligns with Sarawak's Green Economy Transition Policy, using a BOTM model to convert palm oil waste into renewable fuels. This initiative ensures feedstock certainty and local ownership, establishing Sarawak as a key player in the global renewable fuels market. Oiltek International Limited (SG:HQU) has a Buy rating with a S$0.70 price target.
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