- On 26 February, Oiltek announced a heads of agreement with Indonesian state oil company Pertamina to enter a joint venture to develop a pre-treatment unit (PTU) and supply feedstock. There are potentially three revenue streams – constructing the PTU plant and recurrent revenue from partial ownership of the PTU and sourcing feedstock for the PTU.
New growth and business model opportunity.
- - Read this at SGinvestors.io -
- We believe there will be potentially three sources of revenue for Oiltek. There will be two recurrent income streams from ownership in the joint venture and supply margin from supplying the PTU's palm oil effluent (POME) feedstock. POME is the wastewater from palm oil mills. The third revenue source is a contract to build the PTU.
What is a PTU?
- - Read this at SGinvestors.io -
- Oiltek has built operating PTU plants using its proven proprietary process for other SAF producers using International Sustainability and Carbon Certification (ISCC) certified POME. The joint venture PTU can potentially earn a processing margin on the POME feedstock before selling it to a SAF plant.
More corporate actions.
- Read more at SGinvestors.io.
Above is the excerpt from report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full report in PDF @ https://www.stocksbnb.com/.
Paul Chew Phillip Securities Research | https://www.poems.com.sg/ 2025-03-11
Previous report by Phillip:
2025-02-14 Oiltek International - Earnings Up 58%, Dividends Up 68%.
Price targets by 2 other brokers at Oiltek Target Prices.
Listing of research reports at Oiltek Analyst Reports.
Relevant links:
Oiltek Share Price History,
Oiltek Announcements,
Oiltek Dividend Payout Dates & Corporate Actions,
Oiltek News
