TMD Energy Ltd. has announced a strategic expansion into oil waste collection, marking a significant enhancement of its Environmental, Social, and Governance $(ESG)$ commitments. This initiative involves the collection of sludge oil and used cooking oil, which will be sold to third-party partners for processing into biodiesel. This expansion aims to diversify revenue streams and aligns with regulatory frameworks and corporate demand for eco-conscious partnerships. TMD Energy Ltd. plans to leverage its logistics network and industry expertise to collect residual oils from maritime operators and the food industry, supporting the conversion into biodiesel. This approach contributes to greenhouse gas emissions mitigation and supports Malaysia's commitment to renewable energy adoption. The full report can be accessed through the link below.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。