Samsung enters sustainable aviation fuel market
Samsung E&A announced that it had received a Letter of Award (LoA) for the EPCC (Engineering, Procurement, Construction and Commissioning) work of Bio-Refinery Project in Malaysia from Enilive S.p.A, on behalf of a joint venture consisting of PETRONAS Mobility Lestari Sdn. Bhd. (PMLSB), a subsidiary of PETRONAS; Enilive, and Euglena Co., Ltd.. The EPCC contract, valued at USD 955 million, is targeted to be officially signed by the end of January 2025.
This biorefinery will be located within PETRONAS’ Pengerang Integrated Complex (PIC), Johor, Malaysia, and upon completion, will have the capability to process about 650,000 tonnes per year of raw materials to produce SAF, HVO, and bio-naphtha.
The wastes and residue feedstocks for the biorefinery will comprise used vegetable oils, animal fats, waste from the processing of vegetable oils, and other biomass, including microalgae oils are expected to be explored in the mid-term.
Samsung E&A has entered the new SAF market for the first time, with this contract attracting attention as a next-generation eco-friendly energy source as it can significantly reduce carbon emissions.