As the UK strives for net zero emissions, the biofuels sector serves as a critical foundation for sustainable growth.
As part of the Renewable Transport Fuel Obligation (RTFO), fuel suppliers are obliged to blend ever larger quantities of low-carbon biofuels. In 2023, shipments rose to 3.7 billion liters, up 10% from the previous year.
This policy framework has transformed waste streams such as used cooking oil (UCO) into high-value feedstock for renewable diesel and hydrotreated vegetable oil (HVO). In this rapidly evolving market, Alkagesta UK, the London arm of Alkagesta, is at the forefront of combining green finance with circular economy assets.
A global commodities trading house designed for sustainability
Alkagesta LTD Malta was founded in 2018 and has grown into a global commodities trading house operating in 42 countries. Its network includes Alkagesta Malta, Alkagesta UK and Alkagesta Singapore. All of this is part of a tri-continental ecosystem that connects European finance, Asian commodity supply and global ESG governance.
The company builds reliable renewable fuel resources by collecting waste materials and entering into long-term purchase agreements. Every transaction is ensured through traceable procurement, risk management and certification according to the ISCC EU framework.
“Our customers value execution and trust. By connecting Asian supply with European demand, we enable a sustainable global trading ecosystem,” says Orkhan Rustamov, CEO of Alkagesta.
Finance meets circularity
In London
Alkagesta UK structures capital flows for biocommodities companies through institutional partnerships and private equity investments. The city’s status as Europe’s leading financial center gives it access to banks, insurers and ESG-focused funds looking for demonstrable impact.
According to PitchBook, the value of ESG deals in the UK was £71 billion in the first half of 2025. This is clear evidence of investor demand for green assets. Alkagesta’s structured financing approach bridges the gap between waste processors and capital markets and transforms biofuel projects into investment grade opportunities.
Governance, compliance and trust
The strategic core of Alkagesta is governance. Internal teams adhere to strict KYC, AML and sanctions compliance procedures. The company uses counterparty verification tools such as World-Check and SeaSearcher to ensure complete supply chain integrity. This commitment to transparency sets Alkagesta apart from traditional traders and creates trust with financial institutions and regulators.
Circular economy in action
Alkagesta’s recycling operations collect and process used cooking oil across Europe and Asia, recording a 39% increase in collection points year-on-year. The raw materials processed through Alkagesta’s network meet the criteria of the EU Renewable Energy Directive (RED III) and enable export to European refineries for biofuel production. These initiatives demonstrate how structured growth and ESG governance impact the climate.
Looking ahead
Global demand for advanced biofuels is expected to increase by 20% by 2030. The UK combines political support and financial expertise, which represents a unique advantage. Alkagesta UK’s leadership in biocommodity financing makes London a key driver of the global sustainable trading ecosystem.
From kitchen waste to global capital
By integrating structured finance into commodity trading, Alkagesta Asia and its UK subsidiary are putting circular economy theory into practice. Waste is no longer a liability – it is a profitable asset class that is driving the energy transition and proving that sustainability and profitability can coexist.
