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Aster and Aether Fuels Collaborate on Singapore’s First Commercial Sustainable Aviation Fuel Plant

Aster and Aether Fuels Collaborate on Singapore’s First Commercial Sustainable Aviation Fuel Plant
Partnership to Advance Sustainable Aviation Fuel Production
SINGAPORE and CHICAGO, Nov. 11, 2025 – Aster, a prominent energy and chemical solutions provider in Southeast Asia, has entered into a strategic partnership with Aether Fuels, a producer of sustainable aviation fuel (SAF), to establish Singapore’s first commercial-scale SAF production facility. The plant, to be situated at Aster’s Pulau Bukom integrated refining and chemical hub, is designed to position Singapore as a regional leader in energy transformation and decarbonization efforts.
The project, named Project Beacon, will employ Aether’s proprietary Aurora™ technology to convert industrial waste gas and biomethane into CORSIA-certified sustainable aviation fuel. With an anticipated production capacity of up to 50 barrels per day, equivalent to 2,000 tons annually, the facility aims to reduce greenhouse gas emissions by more than 70 percent compared to conventional jet fuel. Construction is scheduled to commence in 2026, with commercial operations expected to begin in 2028.
Strategic Collaboration and Industry Context
Aster will contribute renewable power, waste carbon feedstock, utilities, and site support to facilitate the development of the project. Erwin Ciputra, Group CEO of Aster, emphasized the significance of the collaboration, stating, “Today marks an important step forward in reducing carbon intensity and advancing new energy pathways. By combining Aether’s technology with our Bukom facility’s expertise, we are demonstrating how partnerships between established industrial leaders and agile innovators can catalyze disruptive solutions at scale.” He further noted that the initiative aligns with Aster’s broader sustainability agenda and its commitment to transformative technologies through Aster Ventures.
Conor Madigan, Founder and CEO of Aether Fuels, highlighted Singapore’s strategic advantages, including its innovation ecosystem and support from the Economic Development Board (EDB). Madigan remarked, “Building Project Beacon within Aster’s world-scale refinery allows us to accelerate deployment of our Aurora solution and help position Southeast Asia as a global hub for sustainable fuels.”
This collaboration coincides with Singapore’s intensified efforts to meet its target of 1 percent SAF usage by 2026 and the forthcoming implementation of a SAF levy on departing travelers. These policy measures are expected to stimulate demand for sustainable fuels, while also presenting challenges such as securing reliable feedstock supplies and managing production costs to maintain competitiveness.
Industry analysts observe that the SAF market is becoming increasingly dynamic, with competitors like Cathay Pacific and Airbus expanding investments in SAF projects, thereby intensifying competition and fostering innovation. Additionally, international developments, including Tanzania’s $420 million synthetic fuel initiative aimed at competing in Africa’s jet fuel market, may influence regional SAF supply and pricing dynamics.
Png Cheong Boon, Chairman of the Singapore Economic Development Board, remarked, “This new SAF facility strengthens Singapore’s competitiveness as a hub for sustainable products and demonstrates how companies here can lead in the transition to greener aviation.”
As the aviation industry faces growing pressure to decarbonize, the partnership between Aster and Aether Fuels marks a significant advancement in scaling sustainable fuel production in Southeast Asia, while addressing the evolving challenges and opportunities within the global SAF market.

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