Emirates: ENOC joins Dubal Holdings and Quantafuel to build new sites

The companies will unite to study the potential of developing Plastic-to-Liquid plants in the region.

Quantafuel, ENOC Group and Dubal Holding LLC have signed a deal to study the potential of establishing and operating Plastic-to-Liquid production plants. The companies stated that the possibility of developing installations to turn plastic waste into valuable products is a step towards a circular economy.

“This agreement strongly supports the United Arab Emirate’s (UAE) strategic initiative to make a significant contribution to global sustainability, and we are privileged to take part in this journey with Quantafuel and Dubal Holding,” said Saif Humaid Al Falasi, Group CEO of ENOC.

The UAE recently announced “The UAE Net Zero by 2050 Strategic Initiative”, a national drive to achieve net-zero emissions by 2050. The project aims to promote dynamic economic growth alongside positive environmental impact. Dubai’s proposed Waste-to-Energy Project, which is likely to get commissioned by 2024, is expected to convert 1,900,000 tonnes of waste per year.

“Quantafuel’s international presence keeps growing and I am very excited to be working with such strong partners as Dubal Holding and ENOC. Together, we can really make a difference and tackle the plastic waste in the region while at the same time creating valuable resources. We are also happy that our collaborating E&C Contractor SAIPEM has agreed to work with us on this exciting journey,” commented Chris Lach, Quantafuel’s Chief Commercial Officer.

“We are very happy to join forces with Quantafuel, a company that not only brings in a leading technology for converting plastic waste into valuable products, but also has extensive knowledge in plastic sorting and other means of recycling. Our vision is to pursue investments that champion recycling and sustainability and this partnership will help us on the way to build a circular economy in the UAE,” said Ahmad Bin Fahad, CEO of Dubal Holding.

The project aims to support the environment by redirecting plastics from landfills and oceans to reach Dubai’s objectives of zero waste going to landfill by 2030. It also has the potential to convert non-recyclable plastics into valuable products.