financetom
Business
financetom
/
Business
/
Eni Unit Enilive's JV Breaks Ground on Planned Facility in Malaysia
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Eni Unit Enilive's JV Breaks Ground on Planned Facility in Malaysia
Nov 10, 2025 3:30 AM

06:13 AM EST, 11/10/2025 (MT Newswires) -- Pengerang Biorefinery, a joint venture among Eni's (E) Enilive unit, Petronas, and Euglena, said Monday that it has held a groundbreaking ceremony for its planned biorefinery in Johor, Malaysia.

The facility will have processing capacity of up to 650,000 metric tons of renewable feedstock per year and will target to produce sustainable aviation fuel, hydrogenated vegetable oil, and bio-naphtha.

Pengerang Biorefinery said it aims to start operations at the facility by H2 2028.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sabre Strikes $1.1 Billion Deal to Sell Hospitality Solutions Business to TPG; Sabre's Stock Jumps
Sabre Strikes $1.1 Billion Deal to Sell Hospitality Solutions Business to TPG; Sabre's Stock Jumps
May 25, 2025
11:48 AM EDT, 04/28/2025 (MT Newswires) -- Sabre (SABR) agreed to sell its hospitality solutions business to alternative asset management firm TPG (TPG) for $1.1 billion in cash. The transaction, which requires approval from regulators, is expected to complete by the end of the third quarter of this year, the companies said Monday in a joint statement. The hospitality solutions...
Emerson Electric Expands Cybersecurity Partnership With Cybeats
Emerson Electric Expands Cybersecurity Partnership With Cybeats
May 25, 2025
11:54 AM EDT, 04/28/2025 (MT Newswires) -- Emerson Electric ( EMR ) has expanded its contract with Cybeats Technologies, doubling the number of software assets managed through the latter's services, Cybeats said Monday. Financial details of the expanded contract were not disclosed. Effective April 1, the expanded agreement strengthens Emerson's cybersecurity posture and Software Bill of Materials management strategy, Cybeats...
Pacira BioSciences' Gene Therapy Shows Long-Term Improvement in Knee Osteoarthritis Symptoms
Pacira BioSciences' Gene Therapy Shows Long-Term Improvement in Knee Osteoarthritis Symptoms
May 25, 2025
11:51 AM EDT, 04/28/2025 (MT Newswires) -- Pacira BioSciences ( PCRX ) said Monday that two-year results from a Phase 1 study showed its gene therapy candidate PCRX-201 provided sustained improvements in pain, stiffness, and function in patients with knee osteoarthritis. Patients who received corticosteroid pretreatment experienced greater reductions in pain and stiffness, the company said. PCRX-201, which boosts production...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved