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Oiltek

Full company profile

uuid002g39f

Namestring
Oiltek
Legal namestring
Oiltek International Limited
Websiteurl
oiltek.com.my
Company typeenum
Public
Founded yearint
1980
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersShah Alam, Malaysia
HQ citystring
Shah Alam
HQ countrystring
Malaysia
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
oil refinery engineering, process technology solutions, renewable energy systems, biodiesel production plants, palm oil processing
Industry3 codes
PRIMARYIMAFADAA
Chemical & Petrochemical Plant Construction
SECONDARYAFAKAEAI
Industrial Frying Oils & Foodservice Oil Blends Manufacturing
Agriculture & Food Production/Food Processing & Manufacturing/Edible Oils, Fats & Margarine Manufacturing
SECONDARYIMAEAMAK
Process Oils & White Oils
NAICS code3 codes
  • Petroleum and Coal Products Manufacturing324
  • Petroleum Refineries32411
  • Petrochemical Manufacturing325110
SIC code3 codes
  • Fats & Oils2070
  • Petroleum Refining2911
  • Oil & Gas Field Machinery & Equipment3533
Product category
Industrial Process Engineering
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Engineering, Procurement, Construction & Commissioning (EPCC)
TypeOne Time License
Description

Design, build and deliver complete edible oil refineries, biodiesel plants, biogas recovery plants, and SAF biorefinery complexes from greenfield stage. Includes turnkey OSBL infrastructure engineering.

2Product Sales & Trading
TypeTransaction Fee
Description

Sale of engineering components including API Schmidt Plate Heat Exchangers, TMCI Padovan Chemetator Scraped Surface Heat Exchangers, Kieselmann sanitary valves, GekaKonus heating systems, and Novozymes enzymes. Also includes specialty chemical product trading and replacement parts.

oiltek.com.my
3Agency & Distributorship
TypeLicensing Royalties
Description

Exclusive regional agent for engineering component brands, generating recurring income from facilities supplied and providing after-sales service, spare parts supply, and maintenance.

oiltek.com.my
4SAF Biorefinery Development
TypeProfessional Services
Description

Joint development of sustainable aviation fuel production facility with BioSeaga Industries in Sabah, Malaysia. Oiltek Malaysia appointed as exclusive EPCC partner for pre-treatment facilities and SAF production plant.

technode.global
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure
Pricing details1 tier
1Project-based EPCC services
ModelOtherBilling cadenceMulti-year contract
Notes

No publicly listed pricing. Engineering and construction services are custom quotes based on project scope, capacity requirements, and specifications.

GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Oiltek is an integrated process engineering company that designs, constructs and commissions turnkey edible and non-edible oil refinery plants, renewable energy facilities (including biodiesel, biogas recovery, and sustainable aviation fuel plants), and OSBL infrastructure for the vegetable oils industry. It also acts as an exclusive regional agent and distributor in Malaysia for specialized engineering components (heat exchangers, valves, heating systems, enzymes). The company delivers its offerings through Engineering, Procurement, Construction and Commissioning (EPCC) contracts backed by 7 patented proprietary process technologies.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • First and only Catalist-origin stock to achieve S$1 billion market capitalization milestone
+2 more records
Product overview1 text field

Oiltek is an integrated process technology and renewable energy solutions provider for the vegetable oils industry. The company operates three core business segments: Edible & Non-Edible Oil Refinery Solutions (physical/steam refining, chemical refining, fractionation, hydrogenation, margarine/shortening plants), Renewable Energy Solutions (biodiesel plants, biogas recovery, HVO feedstock treatment), and Product Sales & Trading (exclusive regional agent for engineering components including API Schmidt, TMCI Padovan, Kieselmann, GekaKonus, and Novozymes). The company holds 7 patents portfolio for proprietary process technologies and is developing a US$350 million SAF biorefinery project in Malaysia.

Product and service5 records
1Edible & Non-Edible Oil Refinery Solutions
CategoryEdible & Non-Edible Oil Refinery
Description

Comprehensive engineering solutions for edible and non-edible oil refineries including physical/steam refining plants, chemical refining, dry and wet fractionation, palm kernel oil fractionation, winterisation, dewaxing, hydrogenation, and margarine/shortening plants. Delivered as turnkey EPCC projects for palm oil, soybean oil, and rapeseed oil processors.

2Renewable Energy Solutions
CategoryRenewable Energy
Description

Engineering solutions for renewable energy including normal palm biodiesel plants, winter fuel plants, multi-feedstock biodiesel plants, proprietary enzymatic multi-feedstock biodiesel process, HVO feedstock treatment plants, high efficiency methane biogas recovery plants, and turnkey infrastructure engineering. Delivered as turnkey EPCC projects for renewable energy producers.

3Product Sales & Trading
CategoryProduct Sales & Trading
Description

Exclusive regional agent and distributor of engineering components including API Schmidt Plate Heat Exchangers, TMCI Padovan Chemetator scraped surface heat exchangers, Kieselmann sanitary valves/pipes/fittings, GekaKonus heating systems, and Novozymes enzymes for the vegetable oil industry. Includes spare parts supply, repairs, and after-sales support.

4Turnkey Infrastructure Engineering Solutions
CategoryTurnkey Infrastructure Engineering
Description

Design, build and deliver complete renewable energy complexes and edible/non-edible oil refinery complexes from greenfield stage, including civil, structural, mechanical, electrical works, piping, installation, and authority permits. Provided as part of EPCC project delivery for industrial clients.

5Sustainable Aviation Fuel (SAF) Biorefinery
CategorySustainable Aviation Fuel Biorefinery
Description

US$350 million sustainable aviation fuel production facility in Sabah, Malaysia, developed in partnership with BioSeaga Industries. Planned daily capacity of 300 metric tonnes using palm oil mill effluent and used cooking oil as primary feedstocks, with Oiltek Malaysia as the exclusive EPCC partner for pre-treatment facilities, SAF production plant, and associated infrastructure.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
1BioSeaga Industries Sdn Bhd
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-06
Description

Oiltek International Limited partnered with Brunei-based BioSeaga Industries to jointly develop a US$350 million Sustainable Aviation Fuel (SAF) production facility in Sabah, Malaysia. The project has a planned daily capacity of 300 tonnes using palm oil mill effluent and used cooking oil as feedstocks. Oiltek Malaysia, a wholly-owned subsidiary, has been appointed as the exclusive EPCC partner for the plant's pre-treatment facilities, SAF production plant, and associated infrastructure. Development is expected to kick off in Q4 2026.

technode.global
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Oiltek is the Exclusive Agent of the API Schmidt Plate Heat Exchanger in Malaysia, supplying spare parts and providing related repairing works. Oiltek was named 'World's Best Distributor for API Schmidt-Bretten GmbH in 2015'.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Oiltek is the Exclusive Agent of the TMCI Padovan Chemetator Scraped Surface Heat Exchanger and its associated products in Malaysia.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Oiltek distributes Kieselmann sanitary valves, pipes and fittings for food, chemical, pharmaceutical and biotechnology industries.

5GekaKonus
Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Oiltek is a non-exclusive distributor of GekaKonus high pressure steam boilers, thermal oil heating equipment and associated spare parts, integrating these products into process plant designs.

oiltek.com.my
Strategic tierCoreTypeTechnology or Integration
Description

Oiltek uses Novozymes enzymes in its proprietary enzymatic multi-feedstock biodiesel process. The enzymes replace chemical catalysts to reduce by-products and impurities in the end product.

Strategic tierMinorTypeOthers
Description

Oiltek is a member of RSPO and participates in promoting sustainability in the palm oil industry and the supply chain.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

German process engineering major with strong food, dairy, and renewable fuels exposure. Comparable to Oiltek in engineering process plant solutions for oils/fats and biofuel production, with a broader multi-industry portfolio.

TypeEmerging player
Description

Specialist SAF project developer with feedstock-flexible biorefinery projects across Asia and Europe. Comparable to the BioSeaga-Oiltek SAF partnership model and represents the kind of project developer Oiltek could partner with — or compete against — for SAF EPC mandates.

TypeEmerging player
Description

World-leading producer of renewable diesel and SAF from waste and residue feedstocks. Not a direct EPC competitor, but a major downstream customer archetype for Oiltek's enzymatic multi-feedstock biodiesel and SAF EPCC offerings.

TypeDirect peer
Description

Belgian-headquartered global EPC leader for oils & fats, oleochemicals, and biodiesel processing plants. Most direct competitor to Oiltek's edible oil refinery and biodiesel EPCC business, with overlapping customer base in palm oil producers and similar proprietary process technology licensing model.

TypeDirect peer
Description

Licensor of refining and petrochemical process technologies (now part of Chevron). Comparable to Oiltek's patent-licensed process technology model, particularly in the biofuels/renewable diesel refining space where both firms supply enabling technology to refiners.

TypeDirect peer
Description

US-based EPC firm specializing in oilseed processing, extraction, and refining equipment for edible oils. Highly comparable to Oiltek's oilseed and vegetable oil refinery EPCC offering, with analogous proprietary process technology and global installed base.

TypeBroad incumbent
Description

Swedish global leader in heat exchangers, separation, and fluid handling — overlapping with Oiltek's engineering components distribution and process plant integration business. Broader industrial portfolio but a key equipment supplier and competitor in oil processing plant design.

TypeBroad incumbent
Description

Austrian industrial group with separation technologies, biofuel, and pulp & feed divisions. Comparable to Oiltek in providing process equipment and EPC for renewable energy feedstocks and biomass-to-fuel pathways, including biodiesel and renewable diesel technology.

TypeBroad incumbent
Description

Swiss EPC and equipment provider for food, feed, and advanced materials processing. Overlaps with Oiltek in edible oil and food ingredient processing plant delivery, though broader across grains, cocoa, and feed.

TypeBroad incumbent
Description

Swiss process equipment and EPC firm with separation, mixing, and heat transfer technologies used across oil processing, biofuel, and chemical plants. Overlaps with Oiltek's engineered components and process plant capabilities.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles11 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Oiltek

Industrial Process Engineeringoiltek.com.my

Oiltek firmographics

Firmographics
Name
Oiltek
Legal name
Oiltek International Limited
Website
https://oiltek.com.my
Company type
Public
Founded year
1980
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Oiltek industry classification

Industry
Product category
Industrial Process Engineering
NAICS
Petroleum and Coal Products Manufacturing (324), Petroleum Refineries (32411), Petrochemical Manufacturing (325110)
SIC
Fats & Oils (2070), Petroleum Refining (2911), Oil & Gas Field Machinery & Equipment (3533)
akta.pro industry
PRIMARYIMAFADAA
Chemical & Petrochemical Plant Construction
SECONDARYAFAKAEAI
Industrial Frying Oils & Foodservice Oil Blends Manufacturing
Agriculture & Food Production/Food Processing & Manufacturing/Edible Oils, Fats & Margarine Manufacturing
SECONDARYIMAEAMAK
Process Oils & White Oils

Keywords

  • Oil refinery engineering
  • Process technology solutions
  • Renewable energy systems
  • Biodiesel production plants
  • Palm oil processing

Where Oiltek is headquartered

Location

Headquarters

HQ city
Shah Alam
HQ country
Malaysia
HQ region
Asia

Offices2 records

Markets served

Oiltek business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

  1. Engineering, Procurement, Construction & Commissioning (EPCC): Design, build and deliver complete edible oil refineries, biodiesel plants, biogas recovery plants, and SAF biorefinery complexes from greenfield stage. Includes turnkey OSBL infrastructure engineering.
  2. Product Sales & Trading: Sale of engineering components including API Schmidt Plate Heat Exchangers, TMCI Padovan Chemetator Scraped Surface Heat Exchangers, Kieselmann sanitary valves, GekaKonus heating systems, and Novozymes enzymes. Also includes specialty chemical product trading and replacement parts.
  3. Agency & Distributorship: Exclusive regional agent for engineering component brands, generating recurring income from facilities supplied and providing after-sales service, spare parts supply, and maintenance.
  4. SAF Biorefinery Development: Joint development of sustainable aviation fuel production facility with BioSeaga Industries in Sabah, Malaysia. Oiltek Malaysia appointed as exclusive EPCC partner for pre-treatment facilities and SAF production plant.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractProject-based EPCC services

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Oiltek product offering

Product offering

Core offering

Oiltek is an integrated process engineering company that designs, constructs and commissions turnkey edible and non-edible oil refinery plants, renewable energy facilities (including biodiesel, biogas recovery, and sustainable aviation fuel plants), and OSBL infrastructure for the vegetable oils industry. It also acts as an exclusive regional agent and distributor in Malaysia for specialized engineering components (heat exchangers, valves, heating systems, enzymes). The company delivers its offerings through Engineering, Procurement, Construction and Commissioning (EPCC) contracts backed by 7 patented proprietary process technologies.

Product overview

Oiltek is an integrated process technology and renewable energy solutions provider for the vegetable oils industry. The company operates three core business segments: Edible & Non-Edible Oil Refinery Solutions (physical/steam refining, chemical refining, fractionation, hydrogenation, margarine/shortening plants), Renewable Energy Solutions (biodiesel plants, biogas recovery, HVO feedstock treatment), and Product Sales & Trading (exclusive regional agent for engineering components including API Schmidt, TMCI Padovan, Kieselmann, GekaKonus, and Novozymes). The company holds 7 patents portfolio for proprietary process technologies and is developing a US$350 million SAF biorefinery project in Malaysia.

Differentiator

Problem solved

Functional benefit

Products and services

  • Edible & Non-Edible Oil Refinery Solutions Comprehensive engineering solutions for edible and non-edible oil refineries including physical/steam refining plants, chemical refining, dry and wet fractionation, palm kernel oil fractionation, winterisation, dewaxing, hydrogenation, and margarine/shortening plants. Delivered as turnkey EPCC projects for palm oil, soybean oil, and rapeseed oil processors.
  • Renewable Energy Solutions Engineering solutions for renewable energy including normal palm biodiesel plants, winter fuel plants, multi-feedstock biodiesel plants, proprietary enzymatic multi-feedstock biodiesel process, HVO feedstock treatment plants, high efficiency methane biogas recovery plants, and turnkey infrastructure engineering. Delivered as turnkey EPCC projects for renewable energy producers.
  • Product Sales & Trading Exclusive regional agent and distributor of engineering components including API Schmidt Plate Heat Exchangers, TMCI Padovan Chemetator scraped surface heat exchangers, Kieselmann sanitary valves/pipes/fittings, GekaKonus heating systems, and Novozymes enzymes for the vegetable oil industry. Includes spare parts supply, repairs, and after-sales support.
  • Turnkey Infrastructure Engineering Solutions Design, build and deliver complete renewable energy complexes and edible/non-edible oil refinery complexes from greenfield stage, including civil, structural, mechanical, electrical works, piping, installation, and authority permits. Provided as part of EPCC project delivery for industrial clients.
  • Sustainable Aviation Fuel (SAF) Biorefinery US$350 million sustainable aviation fuel production facility in Sabah, Malaysia, developed in partnership with BioSeaga Industries. Planned daily capacity of 300 metric tonnes using palm oil mill effluent and used cooking oil as primary feedstocks, with Oiltek Malaysia as the exclusive EPCC partner for pre-treatment facilities, SAF production plant, and associated infrastructure.

Quantifiable outcome

  • First and only Catalist-origin stock to achieve S$1 billion market capitalization milestone
  • +2 more outcomes

Companies that use Oiltek

Customer profile

Segments3 records

Ideal customer profiles3 records

Oiltek technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

Oiltek partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core and minor.

  • BioSeaga Industries Sdn BhdcoreStrategic or Co-development Partner · 6 April 2026Oiltek International Limited partnered with Brunei-based BioSeaga Industries to jointly develop a US$350 million Sustainable Aviation Fuel (SAF) production facility in Sabah, Malaysia. The project has a planned daily capacity of 300 tonnes using palm oil mill effluent and used cooking oil as feedstocks. Oiltek Malaysia, a wholly-owned subsidiary, has been appointed as the exclusive EPCC partner for the plant's pre-treatment facilities, SAF production plant, and associated infrastructure. Development is expected to kick off in Q4 2026.
  • API Schmidt-Bretten GmbHcoreChannel Partner/ Reseller/ DistributorOiltek is the Exclusive Agent of the API Schmidt Plate Heat Exchanger in Malaysia, supplying spare parts and providing related repairing works. Oiltek was named 'World's Best Distributor for API Schmidt-Bretten GmbH in 2015'.
  • TMCI PadovanminorChannel Partner/ Reseller/ DistributorOiltek is the Exclusive Agent of the TMCI Padovan Chemetator Scraped Surface Heat Exchanger and its associated products in Malaysia.
  • KieselmannminorChannel Partner/ Reseller/ DistributorOiltek distributes Kieselmann sanitary valves, pipes and fittings for food, chemical, pharmaceutical and biotechnology industries.
  • GekaKonusminorChannel Partner/ Reseller/ DistributorOiltek is a non-exclusive distributor of GekaKonus high pressure steam boilers, thermal oil heating equipment and associated spare parts, integrating these products into process plant designs.
  • NovozymescoreTechnology or IntegrationOiltek uses Novozymes enzymes in its proprietary enzymatic multi-feedstock biodiesel process. The enzymes replace chemical catalysts to reduce by-products and impurities in the end product.
  • RSPO (Roundtable on Sustainable Palm Oil)minorOthersOiltek is a member of RSPO and participates in promoting sustainability in the palm oil industry and the supply chain.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Oiltek competitors and assessment

Company assessment

Broad incumbents

  • GEA Group: German process engineering major with strong food, dairy, and renewable fuels exposure. Comparable to Oiltek in engineering process plant solutions for oils/fats and biofuel production, with a broader multi-industry portfolio.
  • Alfa Laval: Swedish global leader in heat exchangers, separation, and fluid handling — overlapping with Oiltek's engineering components distribution and process plant integration business. Broader industrial portfolio but a key equipment supplier and competitor in oil processing plant design.
  • ANDRITZ Group: Austrian industrial group with separation technologies, biofuel, and pulp & feed divisions. Comparable to Oiltek in providing process equipment and EPC for renewable energy feedstocks and biomass-to-fuel pathways, including biodiesel and renewable diesel technology.
  • Bühler Group: Swiss EPC and equipment provider for food, feed, and advanced materials processing. Overlaps with Oiltek in edible oil and food ingredient processing plant delivery, though broader across grains, cocoa, and feed.
  • Sulzer: Swiss process equipment and EPC firm with separation, mixing, and heat transfer technologies used across oil processing, biofuel, and chemical plants. Overlaps with Oiltek's engineered components and process plant capabilities.

Emerging players

  • SkyNRG: Specialist SAF project developer with feedstock-flexible biorefinery projects across Asia and Europe. Comparable to the BioSeaga-Oiltek SAF partnership model and represents the kind of project developer Oiltek could partner with — or compete against — for SAF EPC mandates.
  • Neste: World-leading producer of renewable diesel and SAF from waste and residue feedstocks. Not a direct EPC competitor, but a major downstream customer archetype for Oiltek's enzymatic multi-feedstock biodiesel and SAF EPCC offerings.

Direct peers

  • Desmet Ballestra: Belgian-headquartered global EPC leader for oils & fats, oleochemicals, and biodiesel processing plants. Most direct competitor to Oiltek's edible oil refinery and biodiesel EPCC business, with overlapping customer base in palm oil producers and similar proprietary process technology licensing model.
  • Lummus Technology: Licensor of refining and petrochemical process technologies (now part of Chevron). Comparable to Oiltek's patent-licensed process technology model, particularly in the biofuels/renewable diesel refining space where both firms supply enabling technology to refiners.
  • Crown Iron Works (CPM): US-based EPC firm specializing in oilseed processing, extraction, and refining equipment for edible oils. Highly comparable to Oiltek's oilseed and vegetable oil refinery EPCC offering, with analogous proprietary process technology and global installed base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Oiltek social profiles

Digital presence

Oiltek compliance and trust

Trust signal

Compliance2 records

Oiltek financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Oiltek leadership team

Management profile

Number of profiles

Profiles11 records

Oiltek subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Oiltek funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Oiltek M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Oiltek

What does Oiltek do?

Oiltek is an integrated process engineering company that designs, constructs and commissions turnkey edible and non-edible oil refinery plants, renewable energy facilities (including biodiesel, biogas recovery, and sustainable aviation fuel plants), and OSBL infrastructure for the vegetable oils industry. It also acts as an exclusive regional agent and distributor in Malaysia for specialized engineering components (heat exchangers, valves, heating systems, enzymes). The company delivers its offerings through Engineering, Procurement, Construction and Commissioning (EPCC) contracts backed by 7 patented proprietary process technologies.

Is Oiltek a public or private company?

Oiltek is a public company. It is classified as public and is currently operating.

When was Oiltek founded?

Oiltek was founded in 1980. It employs 11 to 50 people.

Where is Oiltek based?

Oiltek is headquartered in Shah Alam, Malaysia, in the Asia region.

How does Oiltek make money?

Four revenue lines are on record. Engineering, Procurement, Construction & Commissioning (EPCC) is the primary driver. The others are product Sales & Trading, agency & Distributorship and SAF Biorefinery Development.

Who are Oiltek's main competitors?

Broad incumbents on record are GEA Group, Alfa Laval, ANDRITZ Group, Bühler Group and Sulzer. Emerging players are SkyNRG and Neste. Direct peers are Desmet Ballestra, Lummus Technology and Crown Iron Works (CPM).

Does Oiltek have an API?

No public API is recorded for Oiltek.

What industry is Oiltek in?

Oiltek's product category is Industrial Process Engineering. Its primary akta.pro industry code is IMAFADAA, Chemical & Petrochemical Plant Construction, with a secondary code of AFAKAEAI, Industrial Frying Oils & Foodservice Oil Blends Manufacturing. Its NAICS code is 324 and its SIC code is 2070.

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Live signals
The Business TimesOiltek submits application for secondary listing on Bursa Malaysia’s main marketOiltek submitted an application for a secondary listing on Bursa Malaysia's main market on Sep 25, to be done with a public offering in Malaysia. The offering includes new shares and a private placement to Bumiputera investors, with final terms to be announced later. The company's shares will remain listed on the Singapore Exchange.The future of tradingOiltek submits Malaysia securities regulator application for Bursa Main Market secondary listingOiltek filed an application on September 25, 2026 for a secondary listing on Bursa Malaysia's Main Market, with Singapore Exchange remaining its primary venue. The plan includes a Malaysia public offering combining new-share issuance and an offer for sale of existing shares, with shareholder votes sought later on constitutional changes and the new-share issuance.The Business TimesStocks to watch: SGX, OiltekSGX securities daily average value rose 35% year on year to S$2.2 billion in August, while Oiltek shares rose 1.4% on oil prices exceeding $100 a barrel. Brent crude hit $107.63 and WTI $102.48 after tanker attacks, with SGX shares falling 0.4%.Simply Wall StOiltek International Limited (SGX:HQU) Analysts Just Cut Their EPS Forecasts SubstantiallyAnalysts cut Oiltek International's 2026 revenue and EPS forecasts, with consensus revenue of RM225m and EPS of RM0.087. The price target fell 8.1% to S$2.72, and growth is expected to slow to 7.4% annually, below the industry's 17%.YahooGlobal SAF and Energy Fund Acquires Strategic Shareholding in Oiltek International Limited (SGX: HQU)The Global SAF and Energy Fund, managed by Bank of China Asset Management (Singapore) and advised by Sky Ventures Capital, acquired 12 million ordinary shares in Oiltek International Limited, representing about 2.797% of its issued share capital. Oiltek reported a +24% net profit CAGR from FY2019 to FY2025, zero debt, RM99.7 million in cash and a 1,625% five-year share price gain. The Fund cited an active SAF project pipeline and a proposed secondary listing on Bursa Malaysia.PR Newswire APACGlobal SAF and Energy Fund Acquires Strategic Shareholding in Oiltek International Limited (SGX: HQU)The Global SAF and Energy Fund, managed by Bank of China Asset Management (Singapore) and advised by Sky Ventures Capital, acquired 12 million ordinary shares in Oiltek International Limited, representing about 2.797% of its issued share capital. Oiltek reported a +24% net profit CAGR from FY2019 to FY2025, zero debt, RM99.7 million in cash and a 1,625% five-year share price gain. The Fund is also exploring investment in Sarawak for SAF development.The Business TimesKeppel, Sembcorp, SIA down as STI dips 1% after US resumes Iran shipping blockadeSingapore's Straits Times Index fell 1% on Tuesday morning as investors reacted to renewed US-Iran hostilities, including the US reimposing a naval blockade of Iran in the Strait of Hormuz. Energy-exposed stocks including Keppel, Sembcorp, and Singapore Airlines fell between 1.6% and 2.8%, while smaller energy players such as RH Petrogas, Oiltek, and Rex International gained between 3% and 15%. Brent crude oil extended Monday's 9.6% surge with another 1.6% gain to about US$84.65 a barrel, intensifying inflation fears.The Business TimesAs US-Iran war resumes, volatility returns to SIA, Oiltek sharesOiltek shares surged 7.8% to S$1.53 while Singapore Airlines (SIA) shares fell 3% to S$7.60 on July 9, driven by the resumption of US-Iran conflict and a resulting spike in oil prices. The Strait of Hormuz, through which 20% of global oil flows, has effectively closed again with vessel traffic dropping sharply from around 20 vessels on July 6 to just 11 on July 7, and reportedly halting entirely on Wednesday. Oil prices rose with WTI futures at US$74.31/barrel and Brent futures at US$78.89/barrel, as the US launched fresh strikes on Iran following an assault on cargo ships transiting the Hormuz strait and after President Trump declared the interim peace agreement "over".The Business TimesUOBKH ‘Alpha Picks’ outperform STI in April; Oiltek in for May, Singtel outUOB Kay Hian's Alpha Picks portfolios for Singapore and Malaysia both strongly outperformed their respective benchmarks in April 2026, with the Singapore portfolio gaining 5.2% against the STI's 0.6% rise and the Malaysia portfolio returning 6.5% versus the FTSE Bursa Malaysia KLCI's 1.9% advance. For May, the broker added Beng Kuang Marine and Oiltek to the Singapore portfolio while removing First Resources, PropNex, Singtel, and Sats, and adopted a barbell strategy for Malaysia adding CIMB and Northeast while dropping Lagenda Properties and RHB Bank. The performance divergence was driven by technology and Reit gains in Singapore while telecommunications declined, and in Malaysia supported by easing US-Israel-Iran tensions and a risk-on market tilt.The Business TimesStocks to watch: Keppel, CDL, CapitaLand China Trust, Oiltek, Kin GlobalSingapore-listed companies reported first-quarter results and corporate developments on Thursday. Keppel posted lower year-on-year net profit excluding non-core assets, while CapitaLand China Trust saw a 3.5 percent decrease in net property income to 282.4 million yuan. City Developments Limited announced the resignation of three independent directors from its hotel arm Millennium & Copthorne Hotels, and Oiltek said it would review its capital structure while pursuing a secondary listing on Bursa Malaysia.