{
  "id": 3869549,
  "title": "Aster marks third Singapore deal with Changi Airport fuel infrastructure stake",
  "url": "https://urgent.news/2026/08/28/aster-marks-third-singapore-deal-with-changi-airport-fuel",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-28T02:13:53.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/transport-logistics/aster-marks-third-singapore-deal-changi-airport-fuel-infrastructure-stake"
  },
  "original_language": "en",
  "account": "Aster, an Indonesian petrochemical producer in joint venture with Glencore, has acquired a stake in Changi Airport Fuel Hydrant Installation (CAFHI) in Singapore. This marks the third acquisition by Aster in under a year, strengthening its position in aviation fuels. The transaction complements Aster's growing capabilities in sustainable aviation fuel and its refining and storage operations. Andre Khor, deputy CEO of Aster, stated that the acquisition is a significant step in the company's expansion into aviation fuels. The deal is subject to approval and meeting customary closing conditions.",
  "summary": "The acquisition follows parent Chandra Asri’s purchases of Cycle & Carriage and Esso’s Singapore petrol stations",
  "key_points": [
    "Aster acquires stake in Changi Airport Fuel Hydrant Installation (CAFHI) in Singapore.",
    "Aster's third acquisition in under a year to strengthen position in aviation fuels.",
    "Andre Khor, deputy CEO, calls acquisition significant step in expansion into aviation fuels."
  ],
  "editors_take": "Aster's acquisition of a stake in Changi Airport Fuel Hydrant Installation strengthens its position in aviation fuels, complementing its growing capabilities in sustainable aviation fuel and refining operations.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}