DUBAL Holding takes equity stake in BioD Technology ...United Arab Emirates

DUBAL Holding has announced a stake acquisition in BiOD which it claims will propel the UAE’s position in the global green economy, “reinforcing both companies’ dedication to environmental sustainability and innovation in the energy sector.” BiOD, is 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

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