In Singapore, Shell Eastern Petroleum has acquired EcoOils Limited, a waste oil recycling firm. This acquisition is part of Shell’s ambition to increase production of sustainable low carbon fuels for transport, including sustainable aviation fuel.
The acquisition will include 100% of EcoOils’ Malaysian subsidiaries and 90% of its Indonesian subsidiary.
EcoOils uses recycling technology to reduce waste going into landfill and produce spent bleaching earth oil, an internationally recognised biofuels feedstock that can be used to produce sustainable low carbon fuels.
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