TMD Energy Ltd. Announces Expansion into Oil Waste Collection Initiative

Reuters

05-21

TMD <a href="https://laohu8.com/S/92E.AU">Energy Ltd</a>. Announces Expansion into Oil Waste Collection Initiative

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TMD Energy Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-011876), on May 21, 2025, and is solely responsible for the information contained therein.

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Announces Expansion into Oil Waste Collection Initiative\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        TMD Energy Ltd. has announced a strategic expansion into oil waste collection, marking a significant enhancement of its Environmental, Social, and Governance <a href=\"https://laohu8.com/S/ESG\">$(ESG)$</a> 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. 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ID: 0001641172-25-011876), on May 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TMDE","symbol_name":"TMD Energy Limited","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250521:nNDL1vZTZ4:1","article_id":"2537562935","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537562935","pubTimestamp":1747833138,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"TMD Energy Ltd. has announced a strategic expansion into oil waste collection, marking a significant enhancement of its Environmental, Social, and Governance  commitments. 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Announces Expansion into Oil Waste Collection Initiative\n    \n\n        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. 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