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Our
                               About This   President’s   About    2023    Apical2030   Approach to   Transformative
                                Report  Statement  Apical  Highlights  Highlights  Sustainability  Partnerships

          APICAL GROUP
          SUSTAINABILITY REPORT 2023
          ABOUT APICAL











                Our Products

               Apical’s key business
                 segments include
               Bulk Oils, Functional
                 & Specialty Fats,
                  Oleochemicals,
               Animal Nutrition and
                 Renewable Fuel.

                                                  BULK OIL

                                                  Our bulk oil business focuses on the selling of refined palm
                                                  oil, palm olein, palm stearin, palm kernel oil and palm
                                                  kernel olein among others.




             RENEWABLE FUEL &
             SUSTAINABLE AVIATION FUEL
             (SAF)
             As the world increasingly opts for greener
             alternatives, Apical’s Renewable Fuel is used to
             power transportations around the world while
             fueling modern economies. With our entry into the
             SAF market with our joint venture partner Cepsa,
             we are set to construct the Southern Europe’s
             largest second-generation (2G)  biofuels plant
             with an annual capacity of 500k tonnes – enough
             sustainable  jet  fuel  to  fly  across  the  planet
             1,300 times, and preventing CO  emissions of
                                        2
             3 million tonnes per year. Apical will supply 2G
             feedstock  (organic  waste  such  as  agricultural
             waste and used cooking oils) to the new plant,
             further addressing the industry’s challenge of
             accessing sustainable derived raw materials for
             SAF production.


          12  SUSTAINABILITY REPORT 2023                                                                                                                                             APICAL GROUP  13
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