KUALA LUMPUR, April 25, 2025 – Bin Zayed International Group (BZI) and FatHopes Energy (FHE) have announced a strategic partnership to develop one of the world’s most advanced Sustainable Aviation Fuel (SAF) refineries in Port Klang, Malaysia.
This collaboration combines BZI’s global investment expertise with FHE’s leadership in sustainable biofuel feedstock aggregation. The partnership aims to create an integrated SAF production facility, one of the first of its kind in Southeast Asia and among the most advanced globally.
Pioneering a Cleaner Future for Aviation
The Port Klang facility will:
Produce significant volumes of SAF via the HEFA pathway, which accounts for over 80% of global SAF production.
Explore advanced SAF technologies alongside FHE’s refining partners and technology providers.
Serve as a scalable, climate-aligned SAF platform for the region.
This initiative supports Malaysia’s goal to produce 1 million tonnes of SAF annually, positioning the country as a key player in the global SAF market.
Key Figures at the Announcement
The event in Kuala Lumpur was attended by:
H.H. Sheikh Khaled Zayed Saquer Zayed Alnahyan, Chairman, Bin Zayed International
H.H. Sheikh Khalifa Khaled Zayed Saquer Alnehayan, CEO, BZI DMCC
H.E. Sheikh Midhat Kidwai, Group MD, BZI
Dato’ Sri Dr. Shamir Kumar Nandy, MD BZI Malaysia & ED BZ Singapore
Vinesh Sinha, CEO, FHE
Dato’ Eddy Leong, COO, FHE
YB Nik Nazmi bin Nik Ahmad, Minister of Natural Resources and Environmental Sustainability
Minister Nik Nazmi praised the partnership as a major step for Malaysia, aligning with the National Energy Transition Roadmap and ASEAN sustainability goals.
Driving Private-Sector Innovation
Dato’ Sri Dr. Shamir Kumar Nandy highlighted the private sector’s role:
“This partnership shows our commitment to sustainable aviation and scalable SAF solutions. We aim to turn vision into commercially viable reality while supporting global climate goals.”
Vinesh Sinha, CEO of FHE, added:
“We are not just building a refinery—we are creating a new industrial chapter for Malaysia. This partnership validates 15 years of building Southeast Asia’s most reliable waste-based supply chain.”
About the Project
The refinery will use feedstock aggregated through FHE’s digital system, providing full traceability and transparency.
Operations will leverage digital technologies from origin to production, ensuring environmental accountability.
The project is phased over 12 months, aiming for Final Investment Decision (FID) by mid-2026 and commercial operations by 2029.
BZI will acquire a strategic equity stake in FHE, ensuring alignment on sustainability and profitability.
The initiative also includes partnerships with:
Local used cooking oil collectors
Food manufacturers
Hospitality chains
Global airline offtake agreements
About Bin Zayed International
Founded in 1988, BZI is a global conglomerate with diverse business interests. The group focuses on innovative investments, responsible growth, and supporting public interests in Malaysia and the broader region.
About FatHopes Energy
FatHopes Energy is a pioneer in sustainable energy, transforming waste fats, oils, and grease into advanced biofuels. Headquartered in Malaysia, FHE provides eco-friendly solutions to a range of clients, from small businesses to global oil and gas companies.
