Oiltek

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

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 primary industry

Chemical & Petrochemical Plant Construction (IMAFADAA)

akta.pro secondary industries

Industrial Frying Oils & Foodservice Oil Blends Manufacturing (AFAKAEAI), Process Oils & White Oils (IMAEAMAK)

Keywords

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

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

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

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

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

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

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

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

• LinkedInlinkedin.com/company/oiltek-sdn-bhd-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 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 Oiltek