MERYT invests big in GCC's sustainable energy future

The company is targeting strategic partnerships to enhance energy efficiency and sustainability in the Middle East, aiming for significant investments in the energy sector, Dr Meritxell Vila-Fontes tells OGN

- ABDULAZIZ KHATTAK

IN an ambitious move that underscores its commitment to sustainability, MERYT Catalysts and Innovation has announced significant investments in the Middle East energy sector for 2024.

By forging strategic partnerships, the company aims to align its goals with those of the GCC countries, paving the way for a cleaner and more efficient energy landscape.

In an exclusive interview with OGN energy magazine, Dr Meritxell Vila-Fontes, the company’s Director, talks about how the establishment of a state-of-the-art catalyst production plant, in collaboration with a prominent local partner, marks a pivotal step in reducing reliance on imports and fostering local industrial growth.

MERYT's innovative catalyst technologies promise not only to enhance energy efficiency but also to support the region's transition towards a circular economy, setting the stage for a greener future.

Below are excerpts from the interview:

MERYT Catalysts and Innovation has announced plans for significant investments in the Middle East energy sector in 2024. Can you elaborate on the strategic partnerships you are forging and how they align with GCC countries goals?

We are in advanced discussions to establish a joint venture with a key regional partner to develop a world-class catalyst manufacturing plant.

This initiative aligns closely with the GCC’s focus on industrial growth, self-reliance, and sustainable development.

By manufacturing catalysts locally, we aim to reduce import dependency, enhance regional supply chains, and contribute to the creation of high-quality jobs.

Although we are a growing company, this step will position us as a key supplier of advanced catalysts for refineries, petrochemical plants, and chemical producers in the region, and we welcome collaboration opportunities to accelerate this growth.