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KSA set to import recycling equipment from the UK: Saudi Arabia has signed contracts worth GBP mns to receive recycling equipment from UK-based recycling firm Kiverco, according to a statement. Kiverco will provide its technology to assist Saudi Arabia in managing construction waste and municipal solid waste. No exact investment ticket and a timeline for delivery was disclosed in the statement.
UKEF is supporting the export contract: The credit agency UK Export Finance (UKEF) provided a GBP 350k export ins. package to help facilitate securing the contracts, according to the statement.
About Kiverco: Kiverco is based in Northern Ireland and specializes in designing and delivering recycling plant equipment to process, separate, and recover waste materials. The company’s technology is used for managing construction waste, dry mixed recyclables, and municipal solid waste. Kiverco has delivered over 300 recycling plants in the UK and over 400 internationally including in Europe, the US, Australia, New Zealand, and the Middle East.
Saudi is going all in on recycling: The Saudi Authority for Industrial Cities and Technology Zones (Modon) partnered with Wazeen company to allocate an 11k sqm industrial land for a facility specializing in the treatment and recycling of hazardous medical waste in July. German waste management firm MVW Lechtenberg Middle East, the PIF-backed Saudi Investment Recycling Company (SIRC) and Norwegian blockchain firm Empower also launched a mega waste-to-fuel plant to process waste from across six governorates in July.
