Petronas, Enilive, Euglena To Jointly Develop Biorefinery In Pengerang Integrated Complex
Petroliam Nasional Bhd (Petronas), Enilive S.p.A and Euglena Co Ltd will jointly develop a biorefinery within the Pengerang Integrated Complex (PIC), to be operational by the second half of 2028 (2H 2028). A joint venture company will be established in Malaysia to construct and operate the biorefinery, with Petronas subsidiary Petronas Mobility Lestari Sdn Bhd and Enilive, a company directly controlled by Eni S.p.A., as the largest shareholders. The biorefinery will produce sustainable aviation fuel (SAF) and other biofuels such as renewable diesel/ hydrogenated vegetable oil (HVO) to cater to global aviation and transportation industries’ demand by tapping each partner’s