BIOFUEL

Saudi Arabia inaugurates first waste-to-biofuel plant

KSA inaugurated the kingdom’s first biofuel production plant in the country’s eastern province of Al Jubail, according to Al Riyadh and a company statement released last week. The production facility — operated by KSA’s The Biofuel Company — is wholly financed by Saudi investors, with financial backing from Aramco’s VC outfit Waed Ventures. The details:…