Acelen to invest $2.4B in renewable fuels over next decade

In the UAE, Acelen expects to invest more than R$12 billion over the next 10 years in the production of renewable fuels. Throughout the project, the expectation is to produce 1 billion liters per year, generate R$85 billion in the economy, contribute to the generation of 90,000 direct and indirect jobs and reduce CO2 emissions by up to 80% by replacing the fossil fuel, which will make the company one of the largest producers of renewable fuels in the world. 

The investment plan with a memorandum of understanding was signed last Saturday between the company and the government of Bahia, in Abu Dhabi. 

The company will become one of the world leaders in this segment from high-energy agricultural crops, from planting seeds to producing renewable fuels. The main bet will be on renewable diesel and sustainable aviation kerosene, produced through the hydrotreatment of vegetable oils and animal fat. The company is expected to start production in the first quarter of 2026.