Sarawak Investment Authority and Marubeni sign MoU to explore sustainable aviation fuel project

KUCHING, May 15 — Sarawak Investment Authority today signed a Memorandum of Understanding (MoU) with Japanese multinational trading and investment company Marubeni Corporation to promote and accelerate Marubeni’s contribution to the Sarawak Sustainable Aviation Fuel (SAF) project interest.

InvestSarawak and Marubeni said in a joint statement that the MoU will outline collaboration between the parties to conduct a joint pre-feasibility study for a commercial-scale SAF value chain in Sarawak.



“The objective is to confirm the feasibility of using biomass feedstock to produce SAF and evaluate potential technological pathways for SAF production in Sarawak.

“The parties aim to establish a commercial-scale SAF value chain for local consumption or export by 2030,” they said.

According to the statement, the MoU will also focus on assessing expenditure requirements, identifying suitable project sites, and exploring opportunities for government subsidies and incentives in Malaysia and globally.

“Biomass is biological material from plants or animals, including wood, agricultural residues and algae, and SAF is a cleaner jet fuel made from renewable resources such as microalgae rather than fossil fuels.

“The biomass program may generate downstream products including green ammonia for fertilizers, biogas and biofuels, renewable gas and liquid fuels for transport and industry, and green chemicals for industries such as plastics and textiles. Environmentally friendly raw materials.

The signing ceremony was witnessed by Prime Minister Tan Sri Abang Johari Tun Openg and Deputy Prime Minister Datuk Amar Awang Tengah Ali Hassan at the State Legislative Assembly today. – Name

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top