Kuala Lumpur, April 11, 2025 – Malaysia’s pioneer biofuel feedstock aggregator, FatHopes Energy Sdn Bhd (FHE), signed a Memorandum of Agreement (MoA) with AmSpec Group, a leading service provider in the testing, inspection, and certification (TIC) sector, to enhance the efficiency and scalability of Sustainable Aviation Fuel (SAF) production across the region. The collaboration aims to develop a comprehensive feedstock library and discovery initiative across Asia, Australia, and New Zealand by identifying, assessing, and documenting various feedstock sources that can be utilized in the SAF refinery currently under development by FHE.
Asia Pacific’s SAF production capacity is projected to reach 3.5 million metric tonnes [NR1] per year (77,671 barrels per day) by the end of 2025, according to forecasts from Argus Consulting. This collaboration marks a new milestone in the region’s drive towards SAF production. By mapping regional feedstock variations and performance characteristics, the agreement aims to optimize resources while ensuring ethical and sustainable sourcing. Commencing on 1 June 2025, the agreement will also assess key sustainability indicators to support SAF production in the region, promoting sustainable development and responsible energy practices.
Under the agreement, FHE will take the lead in sourcing, collecting, and coordinating feedstock samples across Asia. The company will also provide operational support for testing logistics, data consolidation, and the co-development of feedstock profiling formats. AmSpec, on the other hand, will provide analytical services for feedstock evaluation in SAF production, sharing its technical expertise on both raw materials and finished products. It will also contribute to the development of an on-site SAF laboratory to ensure compliance with industry standards and environmental regulations.
“This partnership underscores our shared commitment to accelerating the energy transition by delivering renewable fuels that contribute to decarbonization,” said Matthew Corr, Chief Executive Officer of AmSpec Group. “By leveraging our technical expertise in testing, certification, and quality assurance, we are enhancing the reliability and sustainability of SAF production. With extensive experience in inspecting a wide range of commodities, we can ensure that feedstocks and final products meet the industry standards. Together, we are laying the foundation for a transformative SAF initiative that will drive innovation, efficiency, and long-term sustainability in the aviation fuel sector.”
Vinesh Sinha, Chief Executive Officer of FatHopes Energy, added: “Our collaboration with AmSpec marks a crucial milestone in exploring SAF development, particularly in the Asian region. We believe the continent has great potential to become a global leader in SAF production, leveraging its vast biomass resources and technological advancements. To achieve this, we must accelerate innovation and industry action to unlock the full potential of sustainable aviation fuel.”
Both companies are committed to advancing the transition towards renewable energy and supporting global decarbonization goals. This partnership aims to expand SAF development across Asia while creating opportunities for engagement with key stakeholders in the industry. By fostering collaboration, FatHopes Energy and AmSpec seek to drive innovation, enhance sustainability, and position Asia as a leading player in the SAF market.
For more information on FatHopes Energy and its other initiatives, please visit www.fathopesenergy.com
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About FatHopes Energy
FatHopes Energy is a pioneering force in sustainable biofuels industry, specializing in the development of fats, oils, and grease solutions for advanced biofuel production. With a comprehensive approach to the entire biofuel supply chain, the company caters to diverse clientele, ranging from smaller-scale establishments to global oil and gas companies. Headquartered in Malaysia, FatHopes Energy is committed to making a positive impact on the environment while contributing to the global shift towards renewable fuels.
About AmSpec
The AmSpec Group has been a trusted partner in the testing, inspection, and certification (TIC) sector for several decades. We provide independent analysis and inspection services for various commodities such as Crude Oil, Petroleum products, Petrochemicals, Renewables, Plastics, Metals, Minerals, and Agri feedstocks. With a global network of hundreds of facilities and over 6,000 employees, AmSpec is dedicated to empowering expertise for a safer, more sustainable future. AmSpec is a proud member and active participant in the TIC Council, the Grain and Trade Feed Association (GAFTA), the American Petroleum Institute (API), ASTM International, and Energy Institute (EI), and is approved as Public Gaugers by the US Customs and Border Protection and Department of Homeland Security. Stay updated with us on Facebook, LinkedIn, YouTube, and Instagram. For more information, visit our website www.amspecgroup.com.
For media inquiries, contact:
Tommy Chen tommyjy.chen@bursonglobal.com
+60 16-359 8083
Wardah Ramlan nurwardah.ramlan@bursonglobal.com
+60 11-2194 0713
Kauceliya Chandra kaucy@fathopesenergy.com
+60 12-534 7315
Jeffri Tan
+65 8533 2787
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