Design capacity of 1m Metric Tons per year of Bio Fuel products
Fujairah’s growing energy industry will expand into biofuels with an $800 million plant announced by Petrixo Oil & Gas.
Petrixo Oil & Gas, based in Dubai, had announced, it has completed the preparation of studies, engineering designs and selected the required Technologies to set up a Bio-fuel refinery in Fujairah, UAE with a design capacity of one million Metric Tons per year of Bio Fuel products, which include Bio diesel, Green Diesel, Bio Jet, Bio Naphtha and Bio LPG, with investment in excess of US$ 800 million.
The project will be set up over about 460,000 square meters of land in proximity to Fujairah Free zone & Port of Fujairah. Where, Petrixo has incorporated a consortium of Major International companies and financial institutions to set up the project.
Source: Petrixo Group
