EcoCeres Pioneers Sustainable Aviation Fuel Supply Chain in Greater Bay Area
Hong Kong-based EcoCeres, supported by Bain Capital, has partnered with Dongguan to build the first sustainable aviation fuel supply chain in the Greater Bay Area. The facility is expected to produce 450,000 tonnes annually. This collaboration marks a significant step in advancing green energy and strengthening energy independence.
EcoCeres, a biofuels firm located in Hong Kong and backed by Bain Capital, has cemented a partnership with China's Dongguan, establishing the first sustainable aviation fuel (SAF) supply chain in the Greater Bay Area.
The Dongguan facility will annually produce approximately 450,000 tonnes of SAF and hydrotreated vegetable oil (HVO), representing a comprehensive end-to-end model from waste-based feedstock collection to refining, production, blending, and trading operations.
This agreement enhances cross-regional collaboration in green energy development. Although SAF mandates have yet to be established in China and Malaysia, EcoCeres primarily ships to European destinations.
(With inputs from agencies.)
Advertisement
ALSO READ
Italy pays the price of Meloni's stalled green energy transition
Saatvik Green Energy net profit dips 36pc to Rs 60 cr in Q4
India, Norway eye deeper collaboration in green energy, maritime, fintech under TEPA: EY
Hong Kong court hears final arguments in trial of Tiananmen vigil organisers, hopes for July verdict
Final Arguments in Hong Kong's Tiananmen Vigil Trial
Google News