Business

Infineum makes positive strides towards its sustainability goals in Singapore

Infineum’s operations in the region will support its global ambition of achieving net zero emissions from its owned and operated assets for scope 1 and 2 emissions by 2050.

Published

3 years ago

July 21, 2023

Admin

International fuel additives company Infineum on Thursday (20 July) shared its sustainability achievements and plans including its progress in Singapore.

Being the first major lubricant additive company to announce its Net Zero ambition, Infineum’s operations in this region will support its global ambition of achieving net zero emissions from its owned and operated assets for scope 1 and 2 emissions by 2050.

In the Asia region and globally, Infineum plans to collaborate with energy providers and site partners to expand solar farms, improve the renewable energy mix, and optimise its facilities. Additionally, the company plans to invest USD 20 million annually on capital improvements to its manufacturing facilities.

Locally in Singapore, Infineum has made positive strides towards its sustainability goals. Infineum Singapore manufacturing plant has made significant progress in optimising the centrifuge of its Calcium Sulphonate unit. This optimisation has led to a remarkable 75% reduction in water consumption, resulting in daily savings of 48m3.

Another area of focus for Infineum Singapore is refrigerant control. In 2022, the company achieved an 80% reduction in refrigerant losses. This corresponded to over 8000Mt Co2e in greenhouse gas (GHG) emission savings across its manufacturing plants.

These achievements so far demonstrate the company’s alignment with Singapore’s environmental stewardship as well as the United Nations Sustainability Development Goals.

Infineum’s broad range of applications spans across various industries, including automotive (cars, trucks, motorcycles), electric and hybrid vehicles, marine shipping and gas engines, crude oil refining, and mining.

The company’s presence in Asia is led by its manufacturing plant in Jurong Island, Singapore, which has played a vital role in producing Infineum’s products for the region since 1982. Furthermore, Infineum opened its China Business Technology Center in Shanghai in 2014, and its blending plant in Zhangjiagang in 2016, enabling the company to serve customers in the wider Asia region.

Infineum added it has successfully integrated sustainable design into its products. The company evaluates new product developments using sustainability criteria and strives to accelerate environmental and social improvements throughout its value chain.

Kevin Poindexter, Head of Sustainability at Infineum, said, “Infineum’s Net Zero announcement in 2023 represented a key milestone on our Sustainability journey that began five years ago. We’ve made great progress in reducing our operational GHG emissions, measuring the carbon footprint of our products, and integrating Sustainability into our corporate purpose.”

“Building on our established social values for safety and I&D (Inclusion & Diversity), we are progressing on the next stage of this long journey towards our 2030 and 2050 ambitions. In doing so, we must continue delivering the high-performance products our customers need and working to support them in their Sustainability journeys as well.”

Aldo Govi, CEO, Infineum, said: “Our aim is to lead our industry on this exciting journey, taking a collaborative approach and engaging on sustainability not just with our customers, but also with our colleagues, suppliers, shareholders, and communities.”

“Together, we can help maintain our quality of life as human beings, retain the diversity of life on Earth and enable the Earth’s ecosystems to thrive.”

Earlier in the month, Infineum published its 2022 Sustainability Report, which provides an update on the progress the company has made against its goals.

Note: The full report 2022 Sustainability Report can be accessed here.

Photo credit: Infineum
Published: 21 July, 2023

Related Topics:Bunker fuel - Additives Others - Environment Port & Regulatory - Decarbonisation

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

Published

16 hours ago

July 21, 2026

Admin

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July).

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions.

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Photo credit: Sora Shimazaki
Published: 21 July, 2026

Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

Published

16 hours ago

July 21, 2026

Admin

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Photo credit: Drew Beamer
Published: 21 July, 2026

LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

Published

16 hours ago

July 21, 2026

Admin

PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post.

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024.

Photo credit: Pacific International Lines
Published: 21 July, 2026