Oiltek International lands S$10.4 million of new refinery and biodiesel orders

SGX Filings
02/23

Oiltek International Limited said on Feb, 23 2026 that it has secured new engineering, procurement, construction and commissioning contracts worth about 10.4 million Singapore dollars across the Philippines, Africa, Pakistan and Malaysia.

The mandates cover four projects: a 200-metric-tonnes-per-day biodiesel plant in the Philippines, a 100-metric-tonnes-per-day physical refinery in Africa, a 100-metric-tonnes-per-day neutralisation plant in Pakistan and a glycidyl-esters mitigation system for an existing 700-metric-tonnes-per-day physical refinery in Malaysia.

Including these wins, the company’s order book stands at roughly 98 million Singapore dollars and is scheduled for delivery over the next 18 to 24 months, barring unforeseen circumstances.

Oiltek said the new business is expected to contribute positively to its earnings for the year ending Dec. 31 2026, and noted that none of its directors or controlling shareholders has any interest in the contracts beyond their shareholdings.

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