In the UAE, Lootah Biofuels announced discussing potential collaboration with SAVICO Group, one of Vietnam’s largest companies in the circular economy, green technology, and renewable energy sectors.
Commenting on the collaboration, Yousif bin Saeed Lootah said, “We are delighted to collaborate with SAVICO Group, recognized for its investment in green technology and renewable energy, including offshore wind projects, liquefied natural gas, hydrogen production, carbon certification, and sustainable aviation fuel production through alliances with leading international energy companies. We aim to deepen our partnership to contribute to advancing sustainable energy solutions, which aligns with the UAE’s strategic vision and energy diversification goals in support of Net Zero targets.”
In its pursuit of innovative biofuel technologies and sustainable energy solutions, Lootah Biofuels has entered strategic partnerships with leading global organizations such as FatHopes Energy in Malaysia and Deasyl SA. These partnerships aim to develop and distribute sustainable aviation fuel, along with other advanced biofuel solutions.
Tags: Lootah Biofuels, UAE, Vietnam
Category: Fuels
