Press Releases
BOUSTEAD, NGOG KERJASAMA BINA LADANG TANGKI ALGA, BANTU MALAYSIA CAPAI SASARAN EMISI KARBON SIFAR BERSIH 2050
CARETA.MY – Next Generation Oil (Group) Sdn Bhd (NGOG) telah bekerjasama dengan Boustead Holdings Berhad (Boustead) untuk program Algae Tank Farm – Vendor Development (ATF-VDP)
Boustead, Next Gen enter new phase in CAO venture
BOUSTEAD Holdings Bhd has entered into the next phase of its crude algae oil (CAO) venture with Next Generation Oil Sdn Bhd (Next Gen) with
Boustead, NextGen enter new phase in algae oil venture with subscription agreement signing
KUALA LUMPUR (Nov 22): Boustead Holdings Bhd has entered into the next phase of its crude algae oil (CAO) venture with Next Generation Oil (Group)
Next Generation Oil Executive Chairman Dato Mohd Moiz was invited to speak at the WWF -Malaysia session on Our Planet: Our Business on 8th October, in conjunction with the IGEM conference.
https://vimeo.com/625037355/4c6ce711d1IGEM (the International Greentech & Eco Products Exhibition & Conference Malaysia) is an international exhibition and conference held annually in Malaysia. In 2020 IGEM was

Boustead, Next Generation to develop algae plantation
BOUSTEAD Holdings Bhd and Next Generation Oil Sdn Bhd (Next Gen) are jointly developing a new economic ecosystem with the use of renewable algae biofuel

Boustead in revamp deals
PETALING JAYA: Boustead Holdings Bhd made a slew of announcements yesterday ranging from a venture into planting and extracting algae oil to the disposal of a parcel
Industry News
- Taiwan Sugar signs biofuel agreement with US group May 6, 2026Taiwan Sugar Corporation has entered into a new memorandum of understanding with the US Grains & BioProducts Council (USGBC), marking a significant step in Taiwan’s transition toward low‑carbon energy and bioethanol development. The agreement establishes a platform for bioethanol technology exchange, supporting Taiwan’s national strategy to achieve net‑zero emissions and expand green energy capacity. Under […]
- Hong Kong and Dongguan strengthen partnership to build Greater Bay Area’s first SAF supply chain May 6, 2026The Government of the Hong Kong Special Administrative Region and the Dongguan Municipal Government have agreed to deepen strategic cooperation to develop the Greater Bay Area’s first full sustainable aviation fuel (SAF) supply chain. Under the Hong Kong SAR Government’s leadership, EcoCeres – a Hong Kong‑incubated producer of sustainable fuels – has signed an Investment […]
- Germany raises biofuel ambitions but UFOP urges caution May 6, 2026Germany’s future greenhouse gas (GHG) reduction quotas for road transport are set to rise more sharply than previously planned, following a vote in the Bundestag, according to the Union for the Promotion of Oil and Protein Crops (UFOP). Lawmakers also agreed to ease the cap on crop‑based biofuels, lifting it from 4.4% to 5.8% in […]
- CPM|Crown expands offering with full line of conveyor solutions May 5, 2026CPM|Crown has expanded its industry-leading equipment and service offering to include a full portfolio of conveyor solutions, strengthening CPM|Crown’s ability to deliver integrated, end-to-end systems, and providing oilseed processors with a single, trusted partner for system design, equipment and lifecycle support. With the addition of conveyor systems, CPM|Crown now delivers a true one-stop solution for […]
- Vegetable oil markets firm as energy prices rise May 5, 2026Vegetable oil markets strengthened through March as escalating geopolitical risks and higher crude oil prices injected fresh momentum into the sector. The surge in crude values following renewed conflict in the Middle East added a significant risk premium, filtering directly into energy and biofuel markets and lifting demand prospects for key oils such as soybean […]
- Repsol to lift SAF output as Iran conflict tightens supplies May 1, 2026Spain’s Repsol is preparing to raise jet fuel output by 15–20% in response to mounting supply disruptions caused by the Iran war, which has unsettled global energy markets and tightened aviation fuel availability. The company confirmed the plan as it posted a 57% rise in first‑quarter adjusted net profit to €873 million, supported by surging […]
- Lummus Technology secures first commercial licence for EtJ in India May 1, 2026Lummus Technology has taken a major step in the global rollout of sustainable aviation fuel (SAF) solutions after GPS Renewables selected its ethanol‑to‑jet (ETJ) technology for National Thermal Power Corporation’s (NTPC) flagship project at Pudimadaka, Andhra Pradesh. The deal marks the first commercial licence for Lummus’ integrated ETJ platform and will support the development of […]
- Sasol achieves product sustainability certification May 1, 2026Sasol has reached a major milestone in South Africa’s energy and industrial transition, with Natref becoming the first refinery in Africa to achieve product sustainability certification for key fuels production pathways, alongside certified sustainable chemicals production at Secunda Operations. The milestone follows the successful completion of an International Sustainability and Carbon Certification (ISCC+) final onsite […]
- DHL Express partners Malaysia Aviation Group to cut GHG emissions using SAF April 30, 2026DHL Express has signed an agreement with Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, for the use of DHL’s GoGreen Plus service. The partnership enables MAG to reduce the greenhouse gas emissions linked to its time-definite international shipments through investment in sustainable aviation fuel (SAF) used within DHL’s air network. This is […]
- RTFA calls for UK bioethanol to be included in SAF mandate April 30, 2026The Renewable Transport Fuel Association (RTFA) has urged the UK Government to amend its SAF mandate to allow crop‑based British bioethanol to qualify as an eligible feedstock. RTFA argues that domestic bioethanol is no longer required for road‑fuel decarbonisation due to tariff‑free US imports displacing UK supply. The organisation states that this creates an opportunity […]