What FatHopes Energy does

FatHopes Energy Sdn. Bhd. is a Malaysian waste-based biofuel feedstock aggregator founded in 2010 that collects, aggregates, and traces used cooking oil (UCO) from F&B businesses, households, and community collectors across Southeast Asia for sale to biofuel producers and downstream Sustainable Aviation Fuel (SAF) applications. The company's core technology is a proprietary digital traceability platform — comprising the FHE Vendor App, FHE Collector App, FHEES Admin Portal, FHE Vendor Portal, and FHE Trading Portal — that tracks every molecule of UCO from pickup to processing and is integrated with ISCC EU and ISCC PLUS certification standards. FatHopes was the first company in Asia to achieve both ISCC certifications (2011), and operates 40+ collection centers and hundreds of trucks across Malaysia, Singapore, Indonesia, the Philippines, Brunei, Japan, and India, collecting daily from thousands of outlets including McDonald's, KFC, Burger King, Pizza Hut, and A&W.

The company's revenue model is primarily transaction-based, earning margins on volume differentials between UCO purchased from community collectors and entrepreneurs and UCO sold to certified biofuel feedstock buyers. The PUSH (Program Usahawan Hijau) entrepreneur program recruits local micro-entrepreneurs equipped with Mini Tankers or their own vehicles to collect UCO from households and SMBs, with payouts processed via a Maker-Checker workflow through the Xendit payment gateway. The consumer-facing FatHopes Loyalty App (iOS and Android) connects households as Recyclers and Rangers, with referral incentives (code FHEAUG offering 300 FatPoints) enabling viral growth.

FatHopes is transitioning from a feedstock aggregator to an integrated SAF producer via a USD 500M co-development of a refinery in Port Klang with Bin Zayed International, targeting operational status by 2026. The company has assembled a deep technology and engineering partner ecosystem (Topsoe for HydroFlex technology, Technip Energies/Genesis and Wison Engineering for refinery design, FGE NexantECA for feasibility validation, UCO Trading for global sourcing, and MotionECO for a 200,000 MT/year cross-border feedstock partnership) and holds an MOU with Malaysia Aviation Group for SAF supply. The company is privately held, employs 251-500 people, and has not disclosed venture or private equity funding rounds.

Name

FatHopes Energy

Legal name

FatHopes Energy Sdn. Bhd.

Website

https://fathopesenergy.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

FatHopes Energy is a Malaysian used cooking oil (UCO) aggregator that collects and traces waste cooking oil from F&B chains, households, and community collectors across Southeast Asia, supplying certified feedstock for biofuel and Sustainable Aviation Fuel (SAF) production.

Ownership category

akta.pro rank

Product category

Sustainable Aviation Fuel Feedstock

NAICS

Petroleum Refineries (32411), Fats and Oils Refining and Blending (311225)

SIC

Petroleum Refining (2911), Fats & Oils (2070)

akta.pro primary industry

Sustainable Aviation Fuel (SAF) Production (HEFA, FT, ATJ) (EUAAAHAE)

akta.pro secondary industries

Biofuel Upgrading, Hydrotreating & Refining (Co-processing, Isomerization) (EUAAAHAG), Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass) (EUABAJAD), Palm Oil Milling, Refining & Fractionation (AFAKAEAB)

Keywords

• Used cooking oil collection
• Sustainable aviation fuel
• Biofuel feedstock aggregation
• Waste oil recycling
• UCO traceability systems

Headquarters

HQ city

Shah Alam

HQ country

Malaysia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. UCO Feedstock Aggregation and Sale: FatHopes collects and aggregates used cooking oil (UCO) from businesses and communities, then sells certified UCO as feedstock to oil majors, biofuel producers, and SAF refineries. Revenue is derived from volume-based transactions of certified second-generation biofuel feedstocks.
2. SAF Refinery Operations: Co-development and operation of an integrated SAF refinery in Port Klang, Malaysia with partner Bin Zayed International. The refinery converts waste-based feedstocks (UCO, POME) into Sustainable Aviation Fuel for aviation industry customers. Revenue from SAF production and sales.
3. PUSH Program — UCO Collection Services: Entrepreneurs in the PUSH program purchase UCO from businesses and households, then sell it to FatHopes at an agreed contracted price. FatHopes earns margin on the volume and quality differential. Payouts to entrepreneurs are processed via Maker-Checker workflow with Xendit payment gateway.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels9 records

Core offering

FatHopes Energy aggregates used cooking oil (UCO) and Palm Oil Mill Effluent (POME) from across Southeast Asia through direct-source collection, processing it into certified second-generation biofuel feedstock for sale to oil majors, biofuel producers, and SAF refineries. The company is co-developing an integrated Sustainable Aviation Fuel (SAF) refinery in Port Klang, Malaysia with Bin Zayed International, converting waste-based feedstocks into aviation-grade renewable fuel. Operations span 40+ collection centers and hundreds of trucks reaching thousands of F&B outlets, factories, hotels, and households daily.

Product overview

FatHopes Energy operates a multi-layered product and service ecosystem centered on collecting, aggregating, and converting used cooking oil (UCO) into Sustainable Aviation Fuel (SAF). The portfolio consists of three distinct digital platforms — the FatHopes Loyalty App (for households and individual Recyclers/Rangers), the FatHopes Vendor App (for commercial F&B, factory, hotel, and depot partners), and internal FHEES Admin Portals (for operations, payout workflows, and trading) — all underpinned by a proprietary digital traceability system. The core infrastructure product is the SAF Refinery, co-developed with Bin Zayed International in Port Klang. Supporting the feedstock supply chain are two PUSH (Program Usahawan Hijau) entrepreneur programs — PUSH 1 (Mini Tanker) and PUSH 2 (Own Transport) — which recruit and equip local entrepreneurs to collect UCO at scale. Community-level collection is further driven by the Hari Kita Semula initiative.

Differentiator

Problem solved

Functional benefit

Brands

• PUSH (Program Usahawan Hijau): Green entrepreneur program empowering local entrepreneurs to collect used cooking oil for SAF production
• Hari Kita Semula
• FatHopes Loyalty App
• FatHopes Ranger

Products and services

• FatHopes Loyalty App Mobile application for households and individual community members to register as Recyclers or Rangers, schedule used cooking oil pickups, track oil contributions, and accumulate FatPoints rewards in exchange for participating in UCO recycling for SAF production.
• FatHopes Vendor App B2B mobile application enabling commercial partners including restaurants, F&B outlets, factories, and hotels to monitor used cooking oil levels, request pickups with one click, receive real-time digital verification, and access full service history.
• PUSH 1 Entrepreneur Program (with Mini Tanker) Green-entrepreneurship program providing participants with a FatHopes Mini Tanker, training, guidance, and a diesel subsidy to collect used cooking oil from households, restaurants, and businesses. Targets minimum income of RM2,500/month for delivering 4,000 kg of UCO to FatHopes per calendar month.
• PUSH 2 Entrepreneur Program (with Own Transport) Green-entrepreneurship program for individuals holding a Class D license and their own vehicle to collect used cooking oil from households, restaurants, and businesses, earning income per kg collected. Managed through the FatHopes Vendor App.
• Hari Kita Semula Community Collection Initiative Community-level used cooking oil collection initiative that travels to different locations weekly to collect UCO directly from households and local communities, turning everyday waste into SAF feedstock while creating green income opportunities.
• SAF Refinery (Port Klang) Integrated Sustainable Aviation Fuel refinery co-developed with Bin Zayed International in Port Klang, Malaysia, converting aggregated used cooking oil (UCO) and other waste-based feedstocks into aviation-grade renewable jet fuel for airline customers.

Quantifiable outcome

• SAF made from waste-based feedstocks like UCO can cut lifecycle emissions by up to 80%
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

17 partnerships are on record, tiered core, strategic and minor.

• MotionECOcoreStrategic or Co-development Partner · 2 July 2026Cross-border SAF feedstock partnership targeting 200,000 MT annually. MotionECO and FatHopes Energy collaborate to secure long-term supply of Used Cooking Oil (UCO) and other qualifying second-generation biofuel feedstocks for Sustainable Aviation Fuel production across borders.
• Bin Zayed International (Asia)coreStrategic or Co-development Partner · 25 April 2025Co-development of an integrated USD 500M SAF refinery in Port Klang, Malaysia — one of the world's most advanced, targeted to be operational by 2026. Combines BZI's global investment acumen with FatHopes Energy's 15-year legacy in waste-based biofuel solutions.
• UCO TradingcoreStrategic or Co-development PartnerPartnership to strengthen global sourcing of certified Used Cooking Oil (UCO), supporting a resilient and traceable supply chain for SAF. Spain-based UCO Trading brings international feedstock sourcing expertise to FatHopes Energy's supply network.
• TopsoecoreTechnology or IntegrationStrategic technology partnership to explore SAF production using Topsoe's HydroFlex technology — advanced catalyst and engineering solutions for converting waste-based feedstocks into renewable jet fuel. Integrates global technology expertise with FatHopes' feedstock network.
• Technip Energies (Genesis) and Wison EngineeringcoreTechnology or IntegrationAppointed by FatHopes Energy and BZI to support the next phase of development of Malaysia's strategic SAF refinery. These global engineering leaders are advancing refinery design and development following the completion of the independent feasibility study.
• FGE NexantECAcoreTechnology or IntegrationCompleted independent feasibility study for FatHopes Energy's integrated SAF refinery project. The study assessed technology readiness, cost structures, emissions reductions, and regulatory frameworks, positioning the project as globally competitive.
• NTT DATAstrategicTechnology or IntegrationPartnership to co-develop a state-of-the-art used cooking oil collection support application. The digital solution aims to scale waste cooking oil collection enterprise application across Japan and other markets.
• Malaysia Aviation Group (MAG)strategicStrategic or Co-development PartnerMemorandum of Understanding signed with MAG (parent company of Malaysia Airlines and Firefly) to explore conversion of used cooking oil into SAF and scale carbon-neutral aviation. Supports national energy transition and net-zero ambitions.
• Turiya BerhadminorStrategic or Co-development PartnerCollaboration on Earth Day Collection events. Turiya Berhad partners with FatHopes Energy for environmental collection initiatives.
• ASAFAstrategicStrategic or Co-development PartnerFatHopes Energy joined ASAFA — pioneering Asia's first fully integrated SAF ecosystem. Collaboration with industry stakeholders to advance SAF adoption across the Asia Pacific region.
• PPK (Perbadanan Pengurusan Kredit)minorStrategic or Co-development PartnerPartnership to advance used cooking oil collection and sustainable waste management initiatives.
• Japan AirlinesminorStrategic or Co-development PartnerDelegate at MyAERO Sustainable Aviation Symposium APAC 2025 hosted at FatHopes Energy HQ. Engagement focused on scaling UCO-based SAF across nations and industries.
• ISCC GermanycoreTechnology or IntegrationISCC (International Sustainability and Carbon Certification) Germany is a key certification partner. FatHopes was the first in Asia to achieve both ISCC EU and ISCC PLUS certifications. ISCC representatives participated in MyAERO Symposium at FatHopes HQ.
• IATA SingaporestrategicStrategic or Co-development PartnerInternational Air Transport Association (Singapore office) delegate at MyAERO Sustainable Aviation Symposium APAC 2025. Engagement around global aviation sustainability standards and SAF adoption.
• Civil Aviation Authority of SingaporestrategicStrategic or Co-development PartnerDelegate at MyAERO Sustainable Aviation Symposium APAC 2025. Engagement around regulatory frameworks for SAF adoption in the Asia Pacific aviation sector.
• Asia Pacific Sustainable Aviation CentrestrategicStrategic or Co-development PartnerDelegate at MyAERO Sustainable Aviation Symposium APAC 2025. Collaboration to advance SAF ecosystem development across the Asia Pacific region.
• SM Prime Holdings / SM SupermallsminorStrategic or Co-development PartnerSM Supermalls implemented a Recyclable-Disposable-Compostable (RDC) bin system across its properties in the Philippines. Partnership involves converting recyclables into industrial raw materials, alternative fuel, and compost. FatHopes Energy participates in the SM Green Movement's waste diversion initiatives.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Neste: Global leader in renewable diesel and SAF with extensive feedstock sourcing from waste and residue streams. Comparable end-product (SAF) and overlapping offtake customers (airlines), but operates at much larger scale and across geographies.
• Darling Ingredients: Global renderer that converts animal fats and used cooking oil into renewable diesel (Diamond Green Diesel JV with Valero). Comparable waste-based feedstock aggregation and downstream biofuel production model.

Direct peers

• Mahoney Environmental: North American UCO collection and recycling company serving restaurants and food manufacturers. Comparable direct-source UCO aggregation business model and enterprise F&B customer base.
• UCO Trading: Spain-based certified UCO trader operating in the global SAF feedstock supply chain. Direct partner of FatHopes and competing for cross-border UCO volumes serving SAF offtake.
• SkyNRG: Specialist SAF producer and consultancy focused on waste-based jet fuel. Comparable SAF-of-business focus and airline offtake model, though based in Europe with different geographic footprint.
• MotionECO: Direct partner and cross-border peer operating in the same Asia UCO-to-SAF feedstock space. MotionECO and FatHopes have a 200,000 MT/year joint feedstock partnership, indicating overlapping customer bases and competing for similar regional supply.
• Baker Commodities: US-headquartered renderer and UCO collector serving rendering and renewable fuel markets. Comparable direct-source UCO collection and aggregation business model, though operating in North America.

Emerging players

• Aemetis: US-based renewable fuels company producing renewable diesel and SAF from waste feedstocks. Comparable waste-to-SAF thesis and downstream refining model, though at earlier scale.
• Gevo: US-based SAF and renewable hydrocarbon producer using alcohol-to-jet pathways. Comparable SAF end-product focus with airline offtake ambitions, but different feedstock technology.
• LanzaTech: Carbon recycling company producing ethanol-based SAF via gas fermentation. Comparable SAF-of-business focus and aviation decarbonization partnerships, but different feedstock technology.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/fathopesenergy
• Facebookfacebook.com/FatHopesEnergy
• LinkedInlinkedin.com/company/fathopes-energy
• Instagraminstagram.com/fathopesenergy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FatHopes Energy