A $41m Tire Recycling Plant Operating in Qatar

The Modern Recycling Facility (MRF) of Qatar, located in Mesaieed Industrial City is already operating.

Members of Al Khajil Commercial Bank, were given a tour of the Modern Recycling Factory

Members of Al Khajil Commercial Bank, were given a tour of the Modern Recycling Factory

The Al Khalij Commercial Bank has been financing and endorsing the facility in support of Qatar’s green-technology business sector for over two years the facility, at the cost of $41.3m. The plant will recycle old tires and rubber for the production of new products. It is one of the largest Greenfield recycling projects in the country at 20,000m2.

The project is in line with the government’s efforts to make recycling a standard practice that promotes environmental sustainability in the country, as well as creating economic opportunities that contribute to diversifying state revenues. As such, MRF will contribute to the production of environmentally-friendly value added products for commercial and industrial use.

MRF’s CEO Akream Ibrahim called the project for recycling old tires “first of its kind” and added further: “The project is a unique greenfield facility, which became a reality due to the vision of the promoters in line with Qatar National Vision 2030. MRF is thankful for the continuous support of Al Khalij Commercial Bank, government authorities, environmental agencies, technology partners, and suppliers.”

The CEO of Al Khalij Commercial Bank Fahad Al Khalifa said regarding the project: “As part of our ‘Generation Green’ programme […] the MRF project contributes to the production of environmentally friendly, value-added products for commercial and industrial use, while creating economic opportunities that contribute to diversifying state revenues.”

The stakeholders of the Modern Recycling Facility are certain that it will serve to preserve natural resources, conserve energy and to decrease the need for raw materials in Qatar.

Article source: Construction Week Online

 

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