Saudi Arabia: SIRC Exported Recycled PET Flakes to UK and Spain
In August this year, the Saudi Investment Recycling Company (SIRC) exported its first recycled and heat-washed PET flakes through its joint venture project under municipal solid waste recycling companies “Yadoum” and “Masab” (a plastic recycling company) to one of the largest manufacturers of recycled PET bottles in the United Kingdom.
SIRC, owned by the Saudi Public Investment Fund, considers this achievement an important step for “Yadoum” to enter the British market. Earlier this year, the company had started exporting to some manufacturers in Spain, raising exports to over 1,650 tons. According to the information, this would enable SIRC to expand its export capabilities and strengthen its partnerships with major European companies.
This cooperation would be expected to drive further integration in the PET recycling sector and other related fields. “We take pride in contributing to the Kingdom of Saudi Arabia’s sustainability objectives through this initiative”, SIRC Group CEO, Engineer Ziyad bin Mohammed Al-Shiha, was cited.
“By reducing greenhouse gas emissions, diverting waste away from landfills, and supporting the Saudi Green Initiative, SIRC plays a key role in empowering local industries and promoting a more sustainable future.”
(Published in GLOBAL RECYCLING Magazine 3/2024, Page 28)
