Mercantile & Maritime Group launches Middle East’s largest biofuel facility
ABU DHABI, November 5, 2024 – Global energy trader and energy services provider Mercantile & Maritime Group has expanded its MENA Terminals facility in Fujairah with a biofuels processing plant valued at USD 599 million, the Group announced on Wednesday.
Mena Terminals will be expanded by approximately 93,000 square metres to house the plant, which is scheduled for completion in 2026.
Once operational, it will be the largest biofuel processing facility in the Middle East, with the capacity to produce up to 150 million litres of sustainable aviation fuel (SAF) per year.
The facility will integrate AI to optimise refinery operations and maintenance and will operate with a fully carbon-neutral process in alignment with the UAE’s Net Zero by 2050 initiative.
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