Mercantile & Maritime Group has announced plans to construct a biofuel processing facility in Fujairah, valued at AED 2.2 billion.
The facility, set to become the Middle East’s largest, will produce 150 million litres of sustainable aviation fuel (SAF) annually.
The expansion at MENA Terminals will cover one million square feet and is scheduled for completion in 2026. The output will represent 10 per cent of current global SAF production.
Murtaza Lakhani, CEO of Mercantile & Maritime said: “This expansion is a significant step forward for Mercantile & Maritime Group and sustainable energy across the UAE. We are deeply grateful to the UAE’s wise leadership and His Highness Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah, for his enduring support and vision, which has been pivotal in making this milestone possible.
“Fujairah’s strategic location and forward-thinking leadership make it an ideal home for our biofuel facility at MENA Terminals, the largest of its kind in the Middle East, and our investment in this facility reflects our commitment to environmental responsibility. In line with the ‘UAE Net Zero 2050‘ initiative, we are proud to contribute to a sustainable future for the UAE, and the wider region.”
The facility will operate with carbon-neutral processes and align with the UAE’s Net Zero by 2050 initiative.
The company plans to use local rail networks for SAF distribution across the UAE, with future plans for regional distribution.
“By producing SAF locally, we are reducing the nation’s reliance on imports, thereby lessening carbon emissions and minimising environmental impact across the entire supply chain, including traditional shipping methods. Alternatively, we will utilise the local rail network to transport SAF across the UAE, with future plans for regional distribution. The SAF processing plant will integrate advanced artificial intelligence to optimise refinery operations and maintenance. Additionally, the facility will adhere to global standards set by IATA, CORSIA, and RED III, supporting the highest levels of environmental compliance,” Lakhani added.
The facility will incorporate artificial intelligence for refinery operations and maintenance, adhering to standards set by IATA, CORSIA, and RED III.
MENA Terminals is showcasing a 3D model of the facility at ADIPEC 2024, taking place at the Abu Dhabi National Exhibition Centre from 4-7 November.
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