Petrochemicals
Petroleum products are refined from crude oil and include fuels such as gasoline, gasoil, jet kerosene. These refined oil products are used as transportation, heating and power generation fuels, asphalt and feed stocks for making chemicals and synthetic materials.
While demand and supply rebalances in the post-pandemic world, petroleum products will continue to play a key role in the global economy for the foreseeable future. We stand ready to support our customers with sourcing for cleaner fuel sources to meet their business and sustainability objectives.
Petroleum Products
Petrochemicals are used extensively in the modern consumer economy. These chemical products are derived from petroleum and natural gas. They are used in many essential daily consumer goods such as plastics, soaps and detergents, pharmaceuticals, resins, to even green energy systems such as solar panels and wind turbine blades.
Global petrochemical demand is growing rapidly and will play a major role amidst the expanding middle class in developing countries.
Agri & Renewables
As the world drives toward a low-carbon future, renewable commodities will play a key role to complement or even substitute fossil fuels. Biofuels have been identified by many governments as an alternative “renewable” source of transport fuel. These fuels are derived from biomass or biological materials such as trees, agricultural wastes, crops or grass. They can be replenished rapidly and repeatedly from carbon sources.
Demand has expanded in Europe, Asia and the Americas as nations and corporations push to reduce greenhouse emissions and reduce their environmental footprint.
ISCC Certification
Fu Yu Supply Chain Solutions is ISCC certified and we are keen to explore business partnerships that are aligned with globally recognised environmental friendly practices.
The International Sustainability & Carbon Certification (ISCC) is an international certification program for biomass and bioenergy production that focuses on land use sustainability, traceability, and greenhouse gas verification along the complete supply chain.
Third-party certification to the ISCC system provides proof of compliance to the European biofuels market under the Renewable Energy Directive (RED) and Fuel Quality Directive (FQD). ISCC applies to any type of biomass-based fuel, from farmers producing the raw material to industrial production facilities.