DUBAL Holding acquires BiOD

July 10, 2024 |

In the UAE, DUBAL Holding and BiOD Technology FZCO jointly announced DUBAL Holding’s stake acquisition in BiOD. This strategic partnership is set to propel the UAE’s position in the global green economy, reinforcing oth companies’ dedication to environmental sustainability and innovation in the energy sector.

BiOD, the UAE’s and the GCC’s largest biodiesel manufacturer, is renowned for its pioneering work in transforming used cooking oils (UCO) and palm oil mill effluent (POME) into clean biodiesel. As the operator of the GCC region’s only second-generation biodiesel plant, BiOD stands at the forefront of technological innovation in renewable energy, showcasing its commitment to the circular economy and reducing greenhouse gas emissions by 84 per cent, as verified by its ISCC certification.

Tags: , ,

Category: Fuels

Thank you for visting the Digest.