SIRC Announces Riyadh’s First Recycling Facility

Saudi Investment Recycling Company (SIRC) logo
Saudi Investment Recycling Company (SIRC) logo
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SIRC Announces Riyadh’s First Recycling Facility

Saudi Investment Recycling Company (SIRC) logo
Saudi Investment Recycling Company (SIRC) logo

Saudi Investment Recycling Company (SIRC) announced the construction of the first recycling and sorting facility in Riyadh, as part of the government’s initiative to enhance environmental sustainability, while looking forward to establishing other facilities in the capital and the eastern region.

SIRC communication director, Fahad al-Shehri, indicated that the company agreed with Riyadh Municipality to establish two facilities, one for construction and demolition wastes (CDW) and another for the municipal wastes to be opened by the end of this year.

Shehri told Asharq Al-Awsat that SIRC plans to open another facility in Riyadh and other facilities in the Eastern Province, stressing that they aim to enhance environmental sustainability by adopting a circular economy model in the Kingdom.

Last Sunday, the Riyadh Municipality announced that the Kingdom’s first recycling facility is in its final stages of construction, established in partnership with SIRC, a wholly-owned subsidiary of the Public Investment Fund (PIF).

It noted that this will be the first step toward meeting the national ambition of diverting 60 percent of CDW from landfills by 2035 in alignment with the Kingdom's effort to accelerate the transition to a circular economy.

The new facility is aligned with SIRC's strategic plan to implement a world-class waste management system and position the Kingdom at the forefront of innovative recycling.

The facility is the first to be developed under the memorandum of understanding (MoU) signed in July 2019 between SIRC, the National Center for Waste Management, and al-Riyadh Municipality for embracing integrated waste management and recycling activities in the capital.

The new facility is located in al-Khair, north district of Riyadh, and covers over 1.3 million sq. meters of land allocated by al-Riyadh Municipality. It will treat up to 600 tons of CDW per hour and achieve recycling rates of over 90 percent.

The facility will use advanced technologies and will be equipped with mobile equipment that can be moved between future recycling sites and reconfigured to deal with various capacities according to local needs.



Oman LNG Delivers First Shipment to Shell

A glimpse of the first LNG shipment delivery to Shell at the industrial complex in Sur, Oman (Oman News Agency)
A glimpse of the first LNG shipment delivery to Shell at the industrial complex in Sur, Oman (Oman News Agency)
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Oman LNG Delivers First Shipment to Shell

A glimpse of the first LNG shipment delivery to Shell at the industrial complex in Sur, Oman (Oman News Agency)
A glimpse of the first LNG shipment delivery to Shell at the industrial complex in Sur, Oman (Oman News Agency)

Oman LNG on Tuesday announced the successful loading of its first liquefied natural gas (LNG) cargo to Shell under its new long-term agreements, marking a significant milestone in the company’s strategy to expand its global market reach and reinforce Oman’s position as a leading LNG supplier.
According to Oman News Agency, the ceremonial event took place at Oman LNG’s state-of-the-art facility in Sur, under the auspices of Salim al Aufi, Minister of Energy and Minerals, alongside senior officials from Oman LNG and Shell.
Aufi, in his remarks, emphasized the importance of this milestone, saying, “Today’s shipment is not merely a delivery but a testament to Oman’s commitment to energy security, global collaboration, and sustainable economic growth. It also reflects the strong partnership between Oman LNG and Shell, built on mutual trust and a shared vision.”

Shell, as the largest offtaker under these new agreements, plays a pivotal role in Oman LNG’s strategic plans for sustained growth and market expansion.

Oman LNG’s CEO, Hamad al Naamany, highlighted the significance of this shipment, saying, “We are embarking on a 10-year concession extension with market leaders in LNG and energy. Our growth is aligned with Oman’s vision and adapted to the evolving global energy market demands. Our partnership with Shell continues to thrive, contributing to Oman’s economic diversification goals.”