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Aderco achieves B Corp certification, marking sustainability credentials

Firm says certification will serve as a cornerstone in its strategy to drive positive environmental and social impact, while setting a new standard of excellence within the fuel treatment industry.
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Aderco achieves B Corp certification, marking sustainability credentials

Fuel treatment technology specialist Aderco Group on Monday (30 September) announced its official certification as a B Corporation (B Corp), joining a global community of businesses meeting the high standards of social and environmental impact. 

 The firm said the significant milestone reflected Aderco’s unwavering commitment to sustainability, diversity, and ethical business practices.

Since its founding in 1981, the company has pioneered fuel treatment solutions that are 100% vegetal-based – an innovation that no other company in the industry has achieved. 

 Headquartered in Switzerland, with four additional offices in Belgium, the United Kingdom, Singapore, and India, Aderco has aimed to be divergent, building a business model centred around positive social and environmental impact. 

The B Corp certification reaffirms the values that have guided the company from the beginning and validates Aderco’s belief that businesses should be a force for good.

 “At Aderco, being different has always been at the heart of what we do,” said Olivier Baiwir, Chief Executive Officer of Aderco.

“We’ve been committed to social and environmental impact since day one. This B Corp certification not only validates what we’ve believed in for over 40 years but also reaffirms that Aderco is leading the way in our industry. No one else is doing what we’re doing—and that makes us extremely proud.”

What is B Corp Certification?

The B Corp certification is a rigorous assessment that measures a company’s social and environmental performance, accountability, and transparency. It recognises businesses that go beyond profit, using their platform to benefit workers, customers, communities, and the environment.

Key Facts: B Corp Certification:

  • Aderco scored 83.3 points on the B Impact Assessment, exceeding the minimum requirement of 80 points for certification. More than 9,000 companies across 160 industries in over 100 countries have achieved B Corp certification.
  • The certification assesses businesses in five key areas: Governance, Workers, Community, Environment, and Customers. Aderco’s detailed scores are available here. 
  • B Corp certification applies to Aderco’s global operations, demonstrating the company’s commitment to social and environmental responsibility across all regions.

Being in an industry often associated with environmental challenges, Aderco’s B Corp certification sets a new standard for what can be achieved through innovation and responsible business practices. 

“This certification signals to our stakeholders and the wider community that we are committed to going beyond profit, aiming to create a positive impact on people and the planet,” it said. 

“This achievement is indeed a testament to our ongoing commitment to create a positive impact not only within our industry but also on the planet, as well as society at large,” said Gérald Baiwir, Head of Environment at Aderco. 

“As a B Corp, we are proud to join a global community of businesses that are leading the way in using business as a force for good.”“Our B Corp certification isn’t just an accolade – it’s a reflection of the values we’ve held for over four decades. It confirms what we’ve always believed in, namely, business must make a positive difference.”

As the only fuel treatment provider offering 100% vegetal-based solutions, this achievement affirmed Aderco’s pioneering role in the industry and its ongoing drive to positively impact society and the environment. 

“This milestone confirms what we’ve always known – that business can and should be a catalyst for positive change,” added Olivier Baiwir.

As Aderco continues to expand its global presence, this certification will serve as a cornerstone in its strategy to drive positive environmental and social impact, while setting a new standard of excellence within the fuel treatment industry.

Related: Aderco launches new Fuel and CO2 Savings Simulators for marine and industrial industries
Related: Singapore: Aderco expands operations in Asia with new office
Related: Test results of independent laboratories confirm positive impact of Aderco 2055G on biofuel bunker fuel storage

 

Photo credit: Aderco
Published: 1 October, 2024

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Winding up

Singapore: Xihe Holdings subsidiaries to be wound up voluntarily, creditors to submit claims

Creditors of Da Zhong Tankers and Xin Ying Shipping are required on or before 17 July 2026 to send in their names and addresses and particulars of their debts or claims to appointed liquidators, says notice.
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June 19, 2026

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Xihe Holdings Pte Ltd subsidiaries Da Zhong Tankers Pte Ltd and Xin Ying Shipping Pte Ltd will voluntarily wind up following resolutions that were passed by written means, according to a Government Gazette notice published on Thursday (18 June).

The resolutions set out below were duly passed:

  • SPECIAL RESOLUTION – WINDING-UP

That the Company be wound up voluntarily pursuant to section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018.

  • ORDINARY RESOLUTION – APPOINTMENT OF LIQUIDATORS

That Paresh Tribhovan Jotangia and Ho May Kee of Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960 be and are hereby appointed as joint and several liquidators to conduct the said winding-up and that their remuneration be fixed on the usual scale of their professional charges for the work involved.

  • SPECIAL RESOLUTION – POWERS OF LIQUIDATORS

That the liquidators of the Company be authorised to exercise any of their powers given by section 177, 144 (1) and (2) of the Insolvency, Restructuring and Dissolution Act 2018 and to distribute to members, in specie, any part of the assets of the Company.

In another notice, the liquidator of the company said creditors are required on or before 17 July 2026 to send in their names and addresses with particulars of their solicitors (if any) to liquidator Paresh Tribhovan Jotangia at Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960. 

The liquidator may require creditors or their solicitors to “come in and prove their said debts or claims at such time and place as shall be specified in such notice or in default thereof, they will be excluded from the benefit of any distribution made before such debts are proved.”

Related: Singapore: Additional Xihe Holdings subsidiaries to be placed under judicial management

 

Photo credit: steve pb from Pixabay
Published: 19 June, 2026

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Winding up

Singapore: Liquidator of Parakou Shipping issues notice of dividend

Second and final dividend to admitted creditors of Parakou Shipping is payable by 14 July, according to Government Gazette notice.

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June 19, 2026

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A notice of dividend for Parakou Shipping Pte Ltd, which is currently in voluntary liquidation, was published on the Government Gazette on Thursday (18 June). 

The following are the details of the notice:

Name of Company : Parakou Shipping Pte Ltd (In Creditors’ Voluntary Liquidation)
Address of Registered Office : c/o KordaMentha, 50 Raffles Place, 25-01 Singapore Land Tower, Singapore 048623
Amount per centum : 0.55 per centum of admitted claims (in accordance with the Order of Court HC/ORC 4175/2024)
First and Final or otherwise : Second and Final Dividend to admitted creditors (in accordance with the Order of Court HC/ORC 4175/2024)
When payable : By 14 July 2026
Where payable : c/o KordaMentha Pte Ltd, 50 Raffles Place, #25-01 Singapore Land Tower, Singapore 048623

Related: Singapore: Notice of intended dividend issued for Parakou Shipping Pte Ltd

 

Photo credit: Benjamin Child
Published: 19 June, 2026

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Alternative Fuels

MOL inks bio-LNG bunker fuel supply deals with Titan and Axpo for car carriers in Europe

Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.
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June 19, 2026

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MOL inks bio-LNG bunker fuel supply deals with Titan and Axpo for car carriers in Europe

Mitsui OSK Lines (MOL) on Thursday (18 July) said it has signed new supply agreements in Northern Europe and the Mediterranean region to expand the use of bio-LNG marine fuel on MOL-operated LNG-fuelled car carriers.

Titan, part of Amsterdam-based Molgas, will continue to supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region.

MOL said the agreement makes it possible for its company to supply bio-LNG fuel for automobile carriers in the Mediterranean region, specifically Port of Malaga and Barcelona in Spain, following the bio-LNG fuel supply agreement in Western Europe, which commenced in March last year.

The bio-LNG fuel to be supplied in this initiative has a lifecycle carbon intensity (carbon dioxide emissions per unit of energy consumption) of -15 g-CO2/MJ or less, from production through consumption. Furthermore, this bio-LNG fuel has obtained International Sustainability and Carbon Certification (ISCC-EU). 

“Through this supply agreement, MOL has established a framework that ensures a continuous and stable supply of bio-LNG fuel not only in Northern Europe but also in the Mediterranean,” the company said.

As part of the group’s efforts to adopt alternative fuels and achieve net-zero greenhouse gas (GHG) emissions, it is utilising LNG-fuelled vessels as a bridge solution to facilitate the transition to carbon-neutral fuels such as bio-LNG and synthetic LNG (e-methane).

In 2025, MOL signed a bio LNG fuel supply agreement in Northwest Europe with Titan, part of the Molgas, and MOL has continued this bio LNG fuel supply agreement with the same company in 2026 as well.

 

Photo credit: Mitsui OSK Lines
Published: 19 June, 2026

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