Mercantile & Maritime Group to invest $600M in Fujairah SAF facility

In the UAE, Mercantile & Maritime Group announced the expansion of its fully owned and operated facility, MENA Terminals in Fujairah, to launch a pioneering biofuel processing plant valued at AED 2.2 billion. This expansion highlights the group’s commitment to advancing sustainable energy solutions and supports the UAE’s goal of leading the way toward a greener future.

The biofuel facility at MENA Terminals will be expanded by over 1 million square feet and is set for completion by 2026. Once operational, it will produce up to 150 million litees of sustainable aviation fuel (SAF) annually, representing nearly 10% of current global SAF production. This marks a significant milestone for sustainable energy in the Middle East and aligns with the UAE’s goals of reducing carbon emissions and its ambition to become a global hub for low-carbon aviation fuel.