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Keppel and Aster have agreed to assess the development of a sustainable aviation fuel plant on Jurong Island, Singapore, with a planned capacity of up to 100,000 tonnes per year. This facility will utilize ethanol-to-jet technology and support Singapore's goal to become a SAF hub by 2026.

Front-End Engineering Design studies will be conducted following a completed feasibility study. The project aligns with Singapore's mandate for 1% SAF in aviation fuel starting this year, targeting 3%-5% by 2030.