Page 60 - DUBAL HOLDING PR REPORT - JULY 2024

7/11/24, 1:04 PM DUBAL Holding acquires BiOD : The Daily Digest
DUBAL Holding acquires BiOD

July 10, 2024 | Meghan Sapp

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: BiOD, DUBAL Holding, UAD
Category: Fuels

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