Malaysia-based BAC Renewable Energy (BAC RE) has partnered with Singapore-based Dovechem Group and Tanjung Langsat Port Terminal (TLP Terminal) to establish a biofuels hub in the Johor-Singapore Special Economic Zone (JS-SEZ). The project, named the BAC RE ASEAN Biofuels Storage and Exporting Hub, will focus on Bio-Liquefied Natural Gas (Bio-LNG) and is set to process up to 350,000 tons annually.
The project will be developed in two phases, with the initial phase targeting an annual capacity of 33,000 tons and a storage capacity of 7,500 cubic meters. Over time, capacity will scale up, and Bio-Methanol processing will be added. Construction costs for the initial phase are estimated at MYR150 million, while total green investments could reach up to MYR1.5 billion. The hub is expected to promote biofuel adoption in the shipping industry, benefiting from Malaysia’s palm oil bio-waste supply and Johor’s strategic location near the Malacca Strait.