Oiltek, BioSeaga to jointly develop RM1.65bil SAF biorefinery in Sabah

Oiltek, BioSeaga to jointly develop RM1.65bil SAF biorefinery in Sabah

The Star Online - Business·2026-04-06 14:01

KUALA LUMPUR: Singapore Exchange (SGX) Mainboard-listed Oiltek International Ltd and Brunei-based BioSeaga Industries Sdn Bhd have entered into a Heads of Agreement to jointly develop a US$350mil (RM1.65bil) large-scale Sustainable Aviation Fuel (SAF) biorefinery with a planned capacity of 300 metric tons per day in Sabah.

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