Business

Infineum makes positive strides towards its sustainability goals in Singapore

Infineum’s operations in the region will support its global ambition of achieving net zero emissions from its owned and operated assets for scope 1 and 2 emissions by 2050.

Published

2 years ago

July 21, 2023

Admin

International fuel additives company Infineum on Thursday (20 July) shared its sustainability achievements and plans including its progress in Singapore.

Being the first major lubricant additive company to announce its Net Zero ambition, Infineum’s operations in this region will support its global ambition of achieving net zero emissions from its owned and operated assets for scope 1 and 2 emissions by 2050.

In the Asia region and globally, Infineum plans to collaborate with energy providers and site partners to expand solar farms, improve the renewable energy mix, and optimise its facilities. Additionally, the company plans to invest USD 20 million annually on capital improvements to its manufacturing facilities.

Locally in Singapore, Infineum has made positive strides towards its sustainability goals. Infineum Singapore manufacturing plant has made significant progress in optimising the centrifuge of its Calcium Sulphonate unit. This optimisation has led to a remarkable 75% reduction in water consumption, resulting in daily savings of 48m3.

Another area of focus for Infineum Singapore is refrigerant control. In 2022, the company achieved an 80% reduction in refrigerant losses. This corresponded to over 8000Mt Co2e in greenhouse gas (GHG) emission savings across its manufacturing plants.

These achievements so far demonstrate the company’s alignment with Singapore's environmental stewardship as well as the United Nations Sustainability Development Goals.

Infineum's broad range of applications spans across various industries, including automotive (cars, trucks, motorcycles), electric and hybrid vehicles, marine shipping and gas engines, crude oil refining, and mining.

The company's presence in Asia is led by its manufacturing plant in Jurong Island, Singapore, which has played a vital role in producing Infineum's products for the region since 1982. Furthermore, Infineum opened its China Business Technology Center in Shanghai in 2014, and its blending plant in Zhangjiagang in 2016, enabling the company to serve customers in the wider Asia region.

Infineum added it has successfully integrated sustainable design into its products. The company evaluates new product developments using sustainability criteria and strives to accelerate environmental and social improvements throughout its value chain.

Kevin Poindexter, Head of Sustainability at Infineum, said, "Infineum's Net Zero announcement in 2023 represented a key milestone on our Sustainability journey that began five years ago. We've made great progress in reducing our operational GHG emissions, measuring the carbon footprint of our products, and integrating Sustainability into our corporate purpose.”

“Building on our established social values for safety and I&D (Inclusion & Diversity), we are progressing on the next stage of this long journey towards our 2030 and 2050 ambitions. In doing so, we must continue delivering the high-performance products our customers need and working to support them in their Sustainability journeys as well.”

Aldo Govi, CEO, Infineum, said: “Our aim is to lead our industry on this exciting journey, taking a collaborative approach and engaging on sustainability not just with our customers, but also with our colleagues, suppliers, shareholders, and communities.”

“Together, we can help maintain our quality of life as human beings, retain the diversity of life on Earth and enable the Earth’s ecosystems to thrive.”

Earlier in the month, Infineum published its 2022 Sustainability Report, which provides an update on the progress the company has made against its goals.

Note: The full report 2022 Sustainability Report can be accessed here.

Photo credit: Infineum
Published: 21 July, 2023

Related Topics:Bunker fuel - Additives Others - Environment Port & Regulatory - Decarbonisation

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FincoEnergies launches pooling service for FuelEU Maritime compliance

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GoodFuels biofuel supplier FincoEnergies on Wednesday (16 April) announced the launch of its FuelEU Pooling service, created to enable shipowners to meet FuelEU Maritime compliance in a cost-effective way.

FuelEU Maritime, effective from 1 January 2025, mandates the reduction of greenhouse gas intensity of energy used on board ships trading in the EU. For many operators, particularly those with limited access to low-carbon fuels, compliance can be both complex and costly.

Designed for shipowners, operators, charterers, and technical managers, FincoEnergies’ FuelEU Pooling service enables undercompliant vessels to meet their compliance targets by pooling with vessels running on GoodFuels sustainable biofuels, when these vessels are overcompliant and have ‘Surplus’ emission reduction available for allocation.

FincoEnergies also partnered with Lloyd’s Register (LR), who supported the development of the service. Their technical expertise has enabled shaping a solution that aligns with both regulatory requirements and FincoEnergies' established position as a biofuel supplier in the fuel supply chain.

“FuelEU Maritime represents one of the most important regulatory shifts for the shipping industry in decades,” said Alberto Perez, Global Head, Maritime Commercial Markets at LR. “By integrating technical expertise with strategic guidance, we ensure shipowners, operators, and suppliers not only comply with evolving emissions standards, but also proactively transform their operations, embracing new technologies and alternative fuels to ensure a sustainable and profitable future.”

“With a decade of experience in biofuel bunkers and carbon certificate trading in the voluntary market, we are excited to expand our creative and solution-oriented product portfolio with FuelEU Pooling,” said Johannes Schurmann, Commercial Director International Marine at FincoEnergies.

“Thanks to our physical presence in the supply chain, shipping companies looking for FuelEU surplus can confidently rely on us as a trusted partner in their decarbonisation journey.”

Through its role as Pool Organiser, FincoEnergies streamlines the entire pooling process – from performing biofuel bunkers and prefinancing Surplus, to Surplus allocation and pool verification. With cost-effective pricing, FuelEU Pooling provides shipping companies with a competitive alternative for changing their fuel mix themselves.

Photo credit: FincoEnergies
Published: 21 April, 2025

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PO/Marine launches supply of MED ECA-compliant ULSFO bunker fuel

In preparation of the upcoming Mediterranean Emission Control Area regulation, PO/Marine successfully delivered its first supply of ULSFO with 0.10% sulphur content on 15 April.

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April 21, 2025

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Aydın Yıldız, Head of Marine Sales at Petrol Ofisi Group

Petrol Ofisi’s bunkering arm PO/Marine on Thursday (17 April) said it has completed the bunkering operation of ULSFO—a marine fuel with 0.10% sulphur content—in alignment with the upcoming Mediterranean Emission Control Area (MED ECA) regulation.

Under the new regulation, all vessels operating within the Mediterranean must use low-sulphur marine fuels.

Effective 1 May 2025, the Mediterranean will officially be designated as an Emission Control Area (MED ECA), prohibiting the use of marine fuels with sulphur content exceeding 0.10%.

In preparation for this regulatory transition, PO/Marine successfully delivered its first supply of ULSFO (Ultra Low Sulphur Fuel Oil) with 0.10% sulphur content on 15 April.

PO/Marine launches supply of MED ECA-compliant ULSFO bunker fuel

Aydın Yıldız, Senior Maritime Manager at Petrol Ofisi Group, said: “Our leadership in the maritime fuel sector is defined not only by our market share but also by the innovative steps we take to shape the industry.

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“With our ULSFO bunkering, we have once again demonstrated that we are setting the standard in Türkiye’s marine fuel landscape. The designation of the Mediterranean as an Emission Control Area is not only a regional development but a historic turning point for global maritime operations.”

Photo credit: PO/Marine
Published: 21 April, 2025

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Oilmar completes first ULSFO bunker fuel delivery in Türkiye

Company announced the successful completion of its first ULSFO 0.1% Sulphur delivery in Istanbul and is now offering the marine fuel in several key locations including Istanbul Anchorage and Marmara Sea.

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UAE-based marine fuel and petroleum products trader Oilmar DMCC on Friday (18 April) announced the successful completion of its first ULSFO 0.1% Sulphur delivery in Istanbul, marking one of the very first trades of its kind in the country.

“With this milestone, Oilmar proudly steps forward as one of Türkiye’s pioneering trading companies in ULSFO 0.1% Sulphur fuel,” it said in a social media post.

Oilmar is now offering ULSFO 0.1% across key locations:

Istanbul Anchorage
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Photo credit: Dima Rogachevskiy on Unsplash
Published: 21 April, 2025