Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

SIA to buy up to 4,800 tonnes of sustainable aviation fuel from Aether’s Singapore plant

The fuel is made from waste carbon feedstocks using a new technology

Singapore Airlines (SIA) has entered into an agreement to purchase up to 4,800 tonnes of sustainable aviation fuel over a three-year period from Aether Fuels' plant in Singapore. The fuel, produced using a novel technology, will be delivered starting in 2028. This marks the first time SIA will purchase sustainable aviation fuel using next-generation technology that converts waste carbon feedstocks into aviation fuel.

Under the partnership, known as Project Beacon, Aether is developing a refining complex at Pulau Bukom, where various feedstocks like biomethane and industrial waste gases will be transformed into sustainable aviation fuel. SIA's chief sustainability officer, Lee Wen Fen, emphasized the importance of supporting the development and adoption of sustainable aviation fuel in SIA's goal to achieve net-zero carbon emissions by 2050.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at businesstimes.com.sg →

More in Finance & Markets

ExlService: 3 Key Takeaways for Long-Term Investors

The iMerit acquisition gives EXL control over the full AI stack, from data foundation through deployment, a rare vertical integration that protects margins as competition intensifies.

  • Clients shifting from experimental to operational AI deployments
  • Data and AI-led revenue accounts for almost two-thirds of EXL's total revenue
  • ExlService acquired iMerit to expand data foundation, model training, and model validation services

Hyphenate Raises $45 Million to Expand Finance AI Agents

New York-based Hyphenate announced a $45 million Series A on October 27 to expand AI agents that execute corporate accounting and finance workflows.

  • Hyphenate raises $45 million to expand finance AI agents
  • Nexus Venture Partners and B Capital lead investment round
  • Platform integrates with ERP systems and handles finance tasks

More from Thursday 29 October →