Meet an Unreasonable Venture
Neutral Fuels
Making environmental sustainability a commercial proposition by converting used cooking oils into biofuel at scale.
Neutral Fuels creates local Net Zero biodiesel from waste, significantly reducing carbon emissions and making environmental sustainability a commercial proposition. The company has also pioneered the use of Internet of Things (IoT) sensors coupled with their apps to optimize waste and fuel, saving time and money. In April 2019, Neutral Fuels listed the Middle East's first green bond on the Frankfurt and Dublin stock exchanges. With Net Zero biofuel facilities operational in Abu Dhabi, Bahrain, Cape Town, Delhi, Dubai, and Muscat, the company is now expanding to a further 14 locations across Africa, the Middle East and India. Neutral Fuels Holdings is headquartered in Dubai International Financial Centre (DIFC) in preparation for an IPO in 2024.
Notable Achievements
- Listed the first Green bond from the Middle East in 2019 ($12m), now raising Series 2 ($50M)
- Founded the first biofuels company in UAE. Then the first in Bahrain.
- CEO recognized by the World Economic Forum, achieved 6 trade sales and two IPOs.
Currently Operating in Two Regions
Press Mentions
January 30, 2020
Greasy riders: Why truckers are turning to cooking oil
Transport accounts for more than a fifth of global CO2 emissions and diesel-powered commercial trucks are among the worst offenders.
Read on CNN »
June 1, 2021
Saudi's ACWA Power inks agreement with Neutral Fuels for Red Sea project
According to the agreement with ACWA Power, Neutral Fuels biofuel is set to power the site’s entire transportation network.
Read on Gulf Business »
October 19, 2020
Meet Karl Feilder: Dubai's emerging Elon Musk of biodiesel
1,000x growth in biofuels: Inside a Dubai used-cooking-oil diesel plant
Read on gulf_news »
March 29, 2020
ServeU reduces its carbon emissions with switch to biofuel
The company, which employs more than 5,000 people to manage the facilities of 600 of the UAE’s biggest government departments, banks and hotels, has moved from fossil diesel to B20 biofuel, a blend...
Read on Construction Business News Middle East »More Ventures in Energy & Environment
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