Fujairah is getting an AED 2.2 bn biofuel processing facility

M&M launches new biofuel facility: Singapore-based Energy trader Mercantile & Maritime Group (M&M) is launching an AED 2.2 bn biofuel processing facility at its Mena Terminals facility in Fujairah, according to a statement. The facility is scheduled for completion in 2026, and is set to be the largest facility of its kind in the Middle East region.

The details: The biofuel facility at Mena Terminals will be expanded by over 1 mn sqft, and will produce up to 150 mn liters of sustainable aviation fuel (SAF) annually — approximately 10% of current global SAF production.

What they said: “By producing SAF locally, we are reducing the nation’s reliance on imports, thereby lessening carbon emissions and minimizing environmental impact across the entire supply chain, including traditional shipping methods. Alternatively, we will utilize the local rail network to transport SAF across the UAE, with future plans for regional distribution,” CEO Murtaza Lakhani said in the statement.