What strategic move has Aster made to enter the aviation fuels market, and what infrastructure does it gain access to through this move?

Aster has acquired a strategic interest in Singapore’s Changi Airport Fuel Hydrant Installation (CAFHI), marking its entry into the aviation fuels market. Through this stake purchase, Aster gains access to CAFHI’s key aviation fuel infrastructure serving Singapore Changi Airport—including storage and distribution facilities that deliver jet fuel directly to international airlines at one of Asia’s busiest aviation hubs.

How does Aster’s CAFHI investment align with its broader strategy in sustainable aviation fuel (SAF) and the aviation value chain?

The CAFHI investment complements Aster’s efforts to build a presence in sustainable aviation fuel (SAF) and expands its participation across the aviation fuels value chain—spanning production, storage, and distribution. It integrates with Aster’s existing refining and storage operations and supports its SAF initiatives, including a next-generation SAF plant under development at Pulau Bukom using Aether Fuels’ Aurora technology to convert industrial waste gas and biomethane into SAF, as well as a separate ethanol-to-jet SAF project evaluation with Keppel’s Infrastructure Division on Jurong Island.

Singapore’s Aster enters aviation fuels market via CAFHI stake purchase

Aug 28, 2026

Singapore-based chemicals producer Aster acquires a strategic stake in Changi Airport Fuel Hydrant Installation to enter the aviation fuels market, complementing its sustainable aviation fuel development efforts.

icis

2026-08-28

Singapore’s Aster enters aviation fuels market via CAFHI stake purchase

Singapore’s Aster enters aviation fuels market via CAFHI stake purchase

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