China company to invest RM1 billion in Johor

CHINA-based EcoCeres, through its local subsidiary EcoCeres Renewable Fuels Sdn Bhd, is investing RM1 billion to set up a sustainable aviation fuel (SAF) production facility in Pasir Gudang, Johor.

Johor Menteri Besar Onn Hafiz Ghazi said the project, to be completed by the end of 2024, would create more than 260 new job opportunities for locals.

“I wish to thank EcoCeres for choosing Tanjung Langsat, Pasir Gudang, Johor, as its first investment destination in the production of biofuel in Malaysia,” he said in a Facebook post today.

According to him, the company is set to produce SAF and hydro-treated vegetable oil (HVO).

“The state government always supports efforts to produce sustainable oils and fuels derived from plants or biodiesel, such as HVO and SAF, which will increase investor confidence in Johor’s green and sustainability agenda.

“Hopefully, all that has been planned will bear fruit, helping Johor to realise its target of becoming a developed state by 2030,” he added.

Earlier today, Onn Hafiz attended EcoCeres Renewable Fuels’ ground-breaking ceremony in Tanjung Langsat. – Bernama, June 4, 2023.