Announcement • Jul 14
Umeworld Advances Project Verdant into Next Phase of Commercial Development UMeWorld engaged FGE NexantECA to conduct an Independent Feasibility Study for Phase 1 of Project Verdant, the planned Renewable Aviation Fuels Hub in Malaysia. The Independent Feasibility Study represents an important milestone in the development of Project Verdant. The study will provide an independent technical and commercial assessment of the project before it advances to engineering, project financing, and commercial construction. FGE NexantECA has supported more than USD 200 billion of global energy infrastructure investments and has extensive experience advising renewable fuels and Sustainable Aviation Fuel (SAF) projects worldwide. Phase 1 targets production of approximately 200,000 metric tonnes of Sustainable Aviation Fuel (SAF) annually. Based on the Company's current internal feasibility assessment, management estimates Phase 1 could generate more than USD 500 million in annual revenue once commercial operations commence. While the Independent Feasibility Study focuses on Phase 1, Project Verdant is being developed as a phased Renewable Aviation Fuels Hub with potential future expansion in production capacity, renewable feedstock integration, and next-generation aviation fuel technologies. Independent market research projects global SAF demand to increase from approximately 2 million tonnes in 2025 to nearly 13 million tonnes by 2030, supporting long-term demand for additional production capacity. The Independent Feasibility Study will evaluate Project Verdant's technical configuration, renewable feedstock strategy, capital expenditure (CAPEX), operating expenditure (OPEX), logistics, market outlook, and project economics. The study establishes a commercial baseline utilizing proven Hydroprocessed Esters and Fatty Acids (HEFA) technology and renewable lipid feedstocks. Upon completion, the Independent Feasibility Study is expected to provide the independent technical and commercial assessment supporting the next stage of discussions with regional development finance institutions, multilateral lenders, commercial lenders, and strategic project equity partners as Project Verdant advances toward engineering, project financing, and commercial development. In parallel, UMeWorld continues advancing its proprietary microbial oil initiatives, which management believes have the potential to diversify future feedstock supply, improve long-term project economics, and support future expansion. Project Verdant is UMeWorld's Renewable Aviation Fuels Hub under development in Malaysia. Phase 1 is designed to establish commercial-scale Sustainable Aviation Fuel production utilizing proven HEFA technology while developing the Company's proprietary microbial oil platform to support long-term feedstock diversification. Through phased expansion, the Company intends to develop Project Verdant into an integrated Renewable Aviation Fuels Hub supporting long-term aviation decarbonization. Announcement • May 23
UMeWorld Inc. Advances Single Cell Oil Platform And Circular Biomass Supply Framework For Sustainable Aviation Fuel Feedstock Resilience UMeWorld Inc. announced continued advancement of its regional Single Cell Oil (“SCO”) development strategy through ongoing industrial biotechnology initiatives and collaborative development activities in Southern China as part of the Company’s broader renewable fuels and advanced feedstock platform strategy. The Company is advancing a phased SCO development strategy centered on industrial-scale microbial lipid production utilizing biomass-derived feedstocks and agricultural processing side-streams. The initiative is being supported through ongoing regional coordination and industrial biotechnology engagement efforts in the Maoming region of Southern China, with access to deep-sea port infrastructure, industrial logistics networks, and emerging green energy resources. The preliminary framework includes a Phase I SCO fermentation platform targeting approximately 50,000 metric tons per annum (“MTPA”) of renewable lipid production capacity, with potential future expansion toward approximately 100,000 MTPA under a Phase II development framework, subject to phased infrastructure development, engineering progression, financing, regulatory approvals, and commercial implementation planning. The SCO development strategy is intended to support the long-term feedstock resilience objectives of Project Verdant, the Company’s sustainable aviation fuel (“SAF”) platform focused on scalable renewable lipid systems, advanced feedstock integration, and supply chain competitiveness. The Company is also advancing a circular agricultural coordination framework involving biomass resources, agricultural cooperatives, and intercropping initiatives intended to support long-term renewable carbon supply development and improved biomass utilization efficiency. UMeWorld Inc. accompanied ARC Group Securities during a visit to the Company’s SCO fermentation development facility in Southern China, where they reviewed operational 30-liter, 300-liter, and 3,000-liter fermentation systems currently utilized for microbial lipid production, process optimization, and scale-up activities supporting the Company’s broader SCO platform strategy. UMeWorld Inc. believes advanced fermentation-based lipid pathways such as SCO may become an increasingly important component of future SAF feedstock systems as global waste lipid markets become more supply constrained. Announcement • Mar 25
UMeWorld Inc. Completes Phase I Process Engineering Design For Project Verdant Pretreatment Unit UMeWorld Inc. announced the completion of Phase I process engineering design for its pretreatment unit (“PTU”) under Project Verdant, in collaboration with COFCO Engineering. The completed process design establishes the technical foundation for the Company’s renewable fuels platform and supports the advancement of ongoing development, infrastructure planning, and capital structuring initiatives. The Phase I PTU is designed for approximately 450 metric tons per day of processing capacity, equivalent to approximately 150,000 metric tons per annum, and is expected to process a diversified range of waste-based lipid feedstocks, including palm oil mill-derived recovered oils (commonly referred to as POME oil), used cooking oil, animal fats, and other waste lipids, into refinery-ready intermediates for renewable fuels, including sustainable aviation fuel. The PTU is designed as a flexible and modular pretreatment platform, capable of processing multiple waste lipid streams, with operating conditions and throughput optimized based on feedstock characteristics and composition. The platform has been engineered to support phased capacity expansion. At full utilization of the Phase I capacity, the PTU is expected to generate approximately $180 million in annual revenue, based on a reference market price of approximately $1,200 per metric ton, subject to feedstock composition, commercial arrangements, and prevailing market conditions. Project Verdant is being developed under a phased execution strategy. The Phase I PTU is intended to establish initial processing capacity and support early-stage revenue generation, while providing a foundation for the Company’s planned expansion into a downstream sustainable aviation fuel platform. The Company’s development roadmap includes a Phase II expansion targeting increased PTU processing capacity, with long-term development plans supporting up to approximately 300,000 metric tons per annum of feedstock processing capacity at the pretreatment stage, which is intended to underpin the development of a downstream sustainable aviation fuel platform as part of the Company’s phased execution strategy. The completion of process design provides the technical basis for continued engineering progression, feedstock integration planning, infrastructure development, and structured capital formation activities as the project advances toward execution. 
