In Malaysia, TMD Energy, together with its subsidiaries is a Malaysia and Singapore based services provider engaged in integrated bunkering services which involves ship-to-ship transfer of marine fuels, ship management services and vessel chartering services, announced the company has entered into a Memorandum of Agreement with bioenergy firm Double Corporate Sdn Bhd to explore a strategic collaboration for the EU and Asia market.
This collaboration marks a new milestone towards TMDEL’s strategy to expand into sustainable and alternative fuel energy sectors. The MOA initiates exclusive good-faith negotiations to formalize partnerships in bioenergy sustainable fuel solutions and operational integration.
Double Corporate is a ISCC-EU certified Malaysian-based bioenergy company specializing in waste-based bioenergy and it involves converting waste into high-yield sustainable fuels and lubricants using proprietary, ISCC-EU-approved technology. Double Corporate brings to the table a decade-long expertise in producing high-yield, low-emission biofuels suitable for applications in the sustainable aviation fuel and sustainable marine fuel markets, particularly in Europe and Asia.
Tags: Double Corporate, Malaysia, TMD Energy
Category: Fuels
