Plans to build Project Beacon were announced by Aether Fuels and energy and chemical solutions provider Aster in November last year.
The companies said then that the facility would produce up to 2,000 tons of fuel per year, with commercial operations beginning in 2028.
On Wednesday, SIA and Aether Fuels said the latter intended to start up its first large-scale commercial plant by 2031, with a production capacity at least 10 times greater than Beacon.
Aether Fuels CEO and co-founder Conor Madigan noted that Singapore had been chosen by his company as the site of its first commercial facility.
Read Full Article At Source
