EcoCeres prepares for expansion in Malaysia with new storage agreement

by | Aug 18, 2024 | Local News | 0 comments

Johor, Malaysia, 12 August, 2024 – EcoCeres Limited (“EcoCeres” or the “Company”), a
subsidiary of EcoCeres Inc., agreed to lease 100,000 m3
in Dialog Terminals Langsat (3)
Sdn. Bhd. (“DTL3”)’s expanded storage facilities in Tanjung Langsat, Johor Darul Ta’zim,
Malaysia.
Dialog Terminals Langsat is an indirect wholly owned subsidiary of Dialog Group Berhad.
It recently expanded its facilities with an additional 150,000 m3 of storage for renewable
and petroleum products at its terminal and secured the said take-or-pay agreement with
EcoCeres. The expansion of the Dialog terminal is expected to be completed in Q1
FY2027.
The new lease follows EcoCeres’ announcement of a significant investment in a new
production facility in Pasir Gudang, Johor, Malaysia. The new renewable refinery is
expected to be operational in the second half of 2025 and is strategically located less
than 1km from DTL3, with direct connection to DTL3’s storage tanks via rundown
pipelines.
The EcoCeres renewable refinery will produce sustainable aviation fuel (SAF),
hydrotreated vegetable oils (HVO), and renewable naphtha, which will be stored in
DTL3’s dedicated (to EcoCeres) tanks. The facility has an annual capacity of up to
400,000 tonnes. DTL3 storage optimises renewable refinery investment in storage
infrastructure while logistical integration of rundown pipelines enhances operational
efficiency.
“This collaboration will facilitate the integration of EcoCeres’ new Malaysia refinery into
the global logistics infrastructure, help EcoCeres’ customers access high-quality
renewable fuels, and contribute to the growth of EcoCeres as a global player in the
renewable fuels market,” says Jeremy Baines, Chief Commercial Officer of EcoCeres.

EcoCeres Inc.
EcoCeres is a pure-play renewable fuel producer, with over a decade of experience in
biomass utilisation, backed by international investors Bain Capital and Kerogen Capital.
Founded with a mission to address the challenges of climate change, EcoCeres has
earned a reputation as a global innovator in the conversion of waste into renewable
fuels, renewable chemicals and materials. As an ISCC-certified decarbonisation solution
provider, the company produces industrial scale sustainable aviation fuel (SAF),
hydrotreated vegetable oil (HVO), renewable naphtha and cellulosic ethanol (CE)
through its proprietary processes.
Find out more
For more information about EcoCeres, please visit https://www.ecoceres.com/ and
follow us at linkedin.com/company/ecoceres-inc/

Reference : https://www.biofuelsdigest.com/bdigest/ecoceres-prepares-for-expansion-in-malaysia-with-new-storage-agreement/