April 01, 2026 [Market Screener]- MAIRE Spa announced Wednesday that Nextchem, through its subsidiary KT Tech, has been awarded a contract for front-end engineering design and the supply of proprietary equipment for a Sustainable Aviation Fuel (SAF) plant under development in North Sumatra, Indonesia.
The facility is designed for a production capacity of 60,000 tonnes per year of high-efficiency SAF, primarily derived from palm oil processing residues and certified used cooking oil. This project aims to leverage local resources while supporting the development of economically viable SAF solutions.
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