Keppel, Chandra Asri’s Aster to assess development of Jurong Island sustainable aviation fuel plant
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Keppel has partnered with Chandra Asri's Aster to evaluate the development of a sustainable aviation fuel plant on Jurong Island, aiming for a production capacity of 100,000 tonnes annually. This facility will support Singapore's sustainable aviation fuel goals and regional airline needs. The project combines Aster's refining expertise with Keppel's capabilities in energy and environmental asset management. The initiative is not expected to materially impact Keppel's financials for the current year. Keppel shares rose 0.6% to S$11.02.
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