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FatHopes Energy partners with Spain's UCO Trading to boost SAF supply chain
๐Ÿ‡ฒ๐Ÿ‡พ Malaysia /Economy & Trade

FatHopes Energy partners with Spain's UCO Trading to boost SAF supply chain

From Utusan Malaysia · () Malay

Translated from Malay, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • FatHopes Energy, a Malaysian renewable fuel provider, has partnered with Spain's UCO Trading to strengthen the nation's Sustainable Aviation Fuel (SAF) supply chain.
  • UCO Trading will serve as the global procurement partner for Used Cooking Oil (UCO) and other second-generation feedstock, committing to over 200,000 metric tons annually.
  • This collaboration aims to secure reliable feedstock for increasing SAF production amid rising global demand and decarbonization commitments in the aviation industry.

Malaysian renewable fuel provider FatHopes Energy has forged a strategic alliance with Spanish international feedstock supplier UCO Trading to bolster the country's Sustainable Aviation Fuel (SAF) supply chain. The partnership was solidified through a Memorandum of Understanding (MoU), appointing UCO Trading as the global procurement partner for Used Cooking Oil (UCO) and other eligible second-generation feedstocks.

The future of SAF will be determined by the ability to secure reliable, sustainable, and traceable feedstock at scale.

โ€” Vinesh SinhaFatHopes Energy CEO highlighted the importance of feedstock security for SAF production.

Vinesh Sinha, CEO of FatHopes Energy, emphasized that the future of SAF hinges on securing dependable, sustainable, and traceable feedstock at scale. "UCO Trading has built a robust global procurement platform with deep expertise in supply chain compliance and integrity, making them an ideal strategic partner as we continue to expand our international network," Sinha stated. He noted that their shared background at Harvard Business School formed a strong foundation for this trust-based alliance.

Under the agreement, UCO Trading commits to supporting FatHopes Energy's long-term feedstock needs, supplying over 200,000 metric tons annually through its global network. This volume is crucial for meeting the growing demand for SAF production. Luis Poch Rodrigo, CEO of UCO Trading, described the collaboration as a significant milestone in strengthening international feedstock connectivity for the global SAF industry.

UCO Trading has built a robust global procurement platform with deep expertise in supply chain compliance and integrity, making them an ideal strategic partner as we continue to expand our international network.

โ€” Vinesh SinhaSinha explained why UCO Trading was chosen as a strategic partner.

This partnership arrives at a critical juncture for the aviation sector, which faces increasing demand for SAF driven by global decarbonization efforts. However, securing waste-based feedstock remains a major challenge. By leveraging UCO Trading's extensive network across the Americas, Europe, and Asia, FatHopes Energy aims to mitigate supply risks and address potential shortages, ensuring a consistent supply for its customers and refinery needs. The collaboration also explores enhancing logistical coordination, certification frameworks, and supply chain integration for sustainable biofuel production.

This collaboration is a significant achievement in strengthening international feedstock connectivity for the global SAF industry.

โ€” Luis Poch RodrigoUCO Trading CEO commented on the importance of the partnership for the SAF sector.
DistantNews Editorial

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.