Under the agreement, Keppel and Aster will carry out Front‑End Engineering Design (FEED) studies for the proposed facility, which will use best-in-class EtJ technology to convert low‑carbon ethanol into SAF. The FEED will evaluate the technical configuration, project capex and potential financing and offtake structures needed to reach final investment decision. A prior feasibility study has been completed to validate the technical and commercial viability of the facility’s SAF production.