FatHopes/PetroVietnam to build SAF production system in Vietnam

FatHopes Energy, a Malaysian pioneer in traceable waste-based feedstock solutions for Sustainable Aviation Fuel (SAF), has entered into a partnership with PetroVietnam Oil Corporation (PVOIL) to establish Vietnam’s first nationwide used cooking oil (UCO) collection ecosystem, collected from households, restaurants, industrial kitchens, seafood processing plants and similar sources that will be into certified renewable feedstock for SAF and other advanced biofuels.

The partnership brings together in what FatHopes Energy says is its “proven expertise” in UCO collection operations, digital traceability technologies and global feedstock supply chain development with PVOIL’s nationwide operational network, comprising approximately 1,000 petrol stations supported by logistics, transportation and warehousing infrastructure.

Together, the two organisations will establish a fully integrated ecosystem capable of collecting, tracing and managing UCO across Vietnam. The initiative will commence with an initial rollout in Ho Chi Minh City before expanding progressively across the country, creating a scalable national model that supports circular economy practices, strengthens environmental governance and supplies high-quality, traceable feedstock for SAF production.

At the heart of the initiative is FatHopes Energy’s proprietary Waste Recycling Management System (WRMS), an advanced digital platform that provides end-to-end traceability throughout the collection journey. Every drop of UCO collected can be digitally verified from its point of origin, ensuring compliance with international sustainability requirements while providing transparency for environmental, social and governance (ESG) reporting and global certification standards.

Beyond technology, FatHopes Energy will transfer its operational expertise and collection methodologies, enabling PVOIL to rapidly build a nationwide collection ecosystem that meets the growing demand for sustainable feedstocks.

PVOIL and its dedicated collection subsidiary, PVOIL Trans, will lead the implementation and expansion of the initiative throughout Vietnam, engaging businesses, communities and local stakeholders.

The partnership also strengthens regional cooperation between Malaysia and Vietnam in advancing SAF development. As global demand for SAF continues to accelerate, Vietnam has the opportunity to become an important contributor to the regional supply of sustainable feedstocks, while supporting its national decarbonisation ambitions and broader energy transition goals.

This partnership will facilitate the aggregation of more than 200,000 tonnes of feedstock annually in Vietnam for export to FatHopes Energy, further strengthening its extensive feedstock portfolio. The partnership will support FatHopes Energy’s upcoming refinery, which is positioned to serve as a regional hub for processing waste feedstocks into SAF, providing the region with a plug-and-play solution to accelerate the decarbonisation of aviation.