TOYO-M awarded SAF Contract by LOKENJun. 23, 2023 Toyo Engineering & Construction Sdn Bhd

Toyo Engineering & Construction Sdn. Bhd. (Toyo-M), a subsidiary of Toyo Engineering Corporation was awarded a pre-FEED contract by Loken SAF Sdn. Bhd. (LOKEN) on exploring the production of Sustainable Aviation Fuel (SAF) in Malaysia.

LOKEN, a subsidiary of Barium Selat was established with the vision of becoming the first high performance biofuels manufacturer in Malaysia that utilizes locally sourced feedstock. Driven by ambitious aspirations, LOKEN aims to pioneer in building the first renewable complex in Asia Pacific, Carbon Cycle Complex commencing with a Sustainable Aviation Fuel (SAF) Refinery that aims to produce its first drop of fuel by 2025.  

The pre-FEED study will leverage the capabilities of the two partners to validate the project commercials and ensure it is aligned with the intended plant capacity. This milestone highlights the partners’ commitment to implementing effective strategies for the construction of the first SAF plant in Malaysia.

SAF is currently the most sustainable proposition to help decarbonize aviation industry and has the potential to supply international markets. This project shall be a significant achievement for Toyo-M in the energy transition field. Toyo-M shall continue to promote efforts and contribute to carbon neutrality and reduction of global environmental load.