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.



Iraq Says Iran Used Forged Iraqi Documents on Oil Tankers, Tehran Denies

FILE PHOTO: A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi//File Photo
FILE PHOTO: A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi//File Photo
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Iraq Says Iran Used Forged Iraqi Documents on Oil Tankers, Tehran Denies

FILE PHOTO: A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi//File Photo
FILE PHOTO: A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi//File Photo

Iraq's oil minister Hayan Abdel-Ghani has said told state television that Iranian oil tankers stopped by US forces in the Gulf were using forged Iraqi documents.

US President Donald Trump's administration has restored his earlier "maximum pressure" policy on Iran, reviving a policy that seeks to isolate the country from the global economy and eliminate its oil export revenue in order to slow Tehran's development of a nuclear weapon.

"We received some verbal inquiries about oil tankers being detained in the Gulf by US naval forces carrying Iraqi shipping manifests," Abdel-Ghani said on state television late on Sunday, adding there had been no formal written communication.

"It turned out that these tankers were Iranian ... and were using forged Iraqi documents. We explained this to the relevant authorities with complete transparency and they also confirmed this."

Iran's oil ministry on Monday denied that Tehran had used forged official documents and said allegations that they had done so came from US officials, the ministry's Shana news agency reported.

"It's obvious that these allegations by US officials fold into the illegal... pressure on the nation of Iran and have no basis or credibility," Shana said.

Iran views neighbor and ally Iraq as vital to keeping its economy afloat while under sanctions. But Baghdad, a partner to both Washington and Tehran, is wary of being caught in the crosshairs of Trump's policy to squeeze Iran, sources have said.

Reuters reported in December that a sophisticated fuel oil smuggling network that experts believe generates at least $1 billion a year for Iran and its proxies has flourished in Iraq in the past few years, including by using forged documentation.

Abdel-Ghani said state marketer SOMO sold crude exclusively to companies that own refineries and does not supply trading firms.

"SOMO operates with full transparency and has committed no wrongdoing in the oil export process," he said.