FatHopes Energy Signs Second 200,000-Tonne Feedstock Deal in a Month

Malaysian SAF developer FatHopes Energy has signed a strategic partnership with Spain-based UCO Trading, naming UCO Trading as its global sourcing partner for used cooking oil and other second-generation feedstocks. UCO Trading has committed to supporting more than 200,000 tonnes of FatHopes Energy's annual feedstock requirements, subject to definitive agreements and project milestones still to be finalized.

Two Feedstock Deals, Same Target Volume, Different Geographies

This is FatHopes Energy's second major feedstock partnership within a matter of weeks, both targeting the same 200,000-tonne annual figure. On 1 July, at the MyAERO Symposium in Putrajaya, FatHopes signed a separate MoU with MotionECO, under which MotionECO would source used cooking oil specifically from China. The UCO Trading agreement instead draws on a broader global network spanning the Americas, Europe, Asia and Africa. Read together, rather than as competing or redundant deals, the two partnerships point to a deliberate diversification strategy: securing feedstock from multiple, geographically distinct sourcing channels rather than depending on a single country or supplier for an input FatHopes' entire SAF ambition depends on.

What UCO Trading Actually Brings

UCO Trading, founded in 2013, has supplied more than five million tonnes of certified waste-based feedstocks to the global biofuels industry, sourcing roughly 500,000 tonnes annually through a network of more than 150 collectors and regional aggregators. Its operating model is built around International Sustainability and Carbon Certification (ISCC) chain-of-custody standards, supplier due diligence and traceability systems, the compliance infrastructure that determines whether a given tonne of used cooking oil is eligible to count toward SAF production under regulatory frameworks such as the EU's Renewable Energy Directive.

Why Feedstock Security Is the Actual Bottleneck Here

Neither agreement, on its own, is about refining capacity or production technology; both address the same underlying constraint, that used cooking oil and other qualifying waste feedstocks are a finite, geographically dispersed and increasingly contested resource as SAF mandates scale up globally. Two separate agreements targeting the same volume from different sourcing regions is a more resilient position than a single large contract, since it reduces FatHopes' exposure to disruption in any one country's collection network or regulatory environment.

What Remains Unconfirmed

Both agreements are structured as MoUs rather than binding supply contracts; the UCO Trading deal is explicitly described as subject to definitive agreements and project milestones, and neither announcement discloses pricing, delivery schedules, or what specific FatHopes Energy production facility the feedstock is ultimately intended to supply.

Source: World Bio Market Insights, 24 July 2026.