Annica Holdings Limited has announced an expanded collaboration with Travia Consultancy Services to convert end-of-life tyres into energy products. This initiative aligns with Annica’s strategy to enhance its presence in the renewable energy and circular economy sectors.
The collaboration will see Annica’s subsidiary, Cahya Suria Energy, and Travia working together on three fronts: supplying tyre feedstock, offtaking tyre pyrolysis oil (TPO), and a research project to upgrade TPO into sustainable fuels. Travia will supply up to 70% of the tyre feedstock needed for Cahya Suria Energy’s production capacity and will purchase up to 70% of the TPO produced, contingent on quality standards.
This partnership aims to bolster feedstock security for Cahya Suria Energy’s recycling facility and provide an offtake channel for its products, fostering an integrated circular economy ecosystem. The research project will focus on upgrading TPO for potential use in aviation, transport, and maritime sectors. Travia will install a proprietary oil upgrading system at Cahya Suria Energy’s plant in Tanjung Malim, Malaysia, and provide technical personnel for the project.
The facility, equipped with 13 vertical automatic pyrolysis production lines, is designed to process up to 40,000 metric tonnes of tyres annually. Commercial production is anticipated to begin by the fourth quarter of 2026, pending regulatory approvals.
Sandra Liz Hon Ai Ling, CEO of Annica, expressed enthusiasm for the collaboration, stating it will enable the company to produce higher-value sustainable fuels and create new revenue streams. This initiative is part of Annica’s broader strategy to develop its renewable energy segment across Southeast Asia.
