Malaysia's palm oil board, Petronas to study use of palm waste as aviation fuel

Malaysia's palm oil board and state oil firm Petronas (IPO-PETO.KL) have signed an agreement to study the use of used cooking oil and palm oil waste as sustainable aviation fuel. The two organisations signed a memorandum of understanding (MoU) on Aug. 14 to explore the potential of palm-based products and wastes, such as used cooking oil and palm oil mill effluent, as the main raw materials for local bio-refineries to produce sustainable aviation fuel."The signing of the MoU is also in line with the National Energy Policy 2022-2040 to reduce carbon emissions and make the energy sector a catalyst for the nation's socioeconomic development," the Malaysian Palm Oil Board said in a statement on Wednesday.<br/>