Saudi Arabia’s Reviva signs agreement with Enrestec and HAMAH to recycle end-of-life tires
In a move to achieve its sustainability goals, Saudi Arabia’s environmental management services company Reviva signed an agreement with HAMAH Holding Co. and Taiwanese recycling firm Enrestec to recycle waste tires at the regional level.
This new partnership seeks to promote recycling, protect resources, and significantly decrease environmental pollution.
Reviva – a company that provides global environmental management services and is an affiliate of Saudi Investment Recycling Co. which is a wholly-owned subsidiary of the Public Investment Fund (PIF).
Photo by HAMAH Holding Co..
The agreement signed with the Saudi HAMAH Holding Company and Enrestec, a company that specializes in recycling end-of-life tires, aims to advance tire waste management at the local level in the Kingdom.
“We aim to reduce waste and environmental pollution and strive to achieve a circular economy and promote a more sustainable future,” said Reviva CEO Khalid bin Saad Al-Rashed.
Al-Rashed continued by saying that the collaboration will result in the creation and application of sophisticated recycling techniques that can turn old tires into useful materials. He added that valuable resources including pyrolysis oil, carbon black, and steel can later be applied to a variety of industries like building, paving, and even fuel.
To find out more about the topic, proceed to Reviva’s LinkedIn page.
Weibold is an international consulting company specializing exclusively in end-of-life tire recycling and pyrolysis. Since 1999, we have helped companies grow and build profitable businesses.
