Mercantile & Maritime Group will build a $600M biofuel plant in Fujairah, UAE, by 2026.

Mercantile & Maritime Group plans to build a $600 million biofuel processing plant at its MENA Terminals facility in Fujairah, UAE, set for completion by 2026. Covering over one million square feet, the plant will produce up to 150 million liters of sustainable aviation fuel (SAF) annually, nearly 10% of global SAF production. This initiative aims to reduce carbon emissions and support the UAE's goal of becoming a hub for low-carbon aviation fuel.

November 05, 2024
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