Tagaddod, an Egyptian startup founded in 2013, has emerged as a key player in the renewable energy sector, demonstrating impressive growth and international expansion. With a commitment to sustainability and innovation, the company is poised to capitalize on the increasing demand for biofuels and Sustainable Aviation Fuel, and the publication demonstrates positive momentum in the developments.
Tagaddod's International Expansion
Since its inception in Cairo, Tagaddod has made significant progress in aligning with international standards, which has facilitated its expansion beyond Egypt. The company made headlines in 2016 when it exported its first biodiesel shipment to Europe, marking a pivotal moment in its international journey. Following this success, Tagaddod has extended its operations to
- Jordan
- the Netherlands
Innovative Solutions and Financial Milestones
Tagaddod's innovative approach focuses on technology-driven solutions for the efficient collection of used cooking oil, a critical component in the production of biodiesel. The startup has achieved notable financial milestones, reporting a 5% net profit in 2020 and reaching profitability in 2023. As the global demand for sustainable fuels continues to rise, Tagaddod is strategically positioned to tackle the challenges associated with sustainable fuel growth and enhance its operational capabilities.
