Kiverco, a recycling business from County Tyrone, is securing significant contracts in Saudi Arabia thanks to support from a UK government export scheme. This family-owned company designs, manufactures, and installs recycling plants, with over 400 sites globally.
Recently, Kiverco received a £350k export insurance package from UK Export Finance (UKEF). This funding enables the company to deliver new plants in Saudi Arabia, boosting revenue and supporting 100 local jobs. The company’s technology aids clients in managing construction waste, dry mixed recyclables, and municipal solid waste sustainably.
With over 300 recycling plants in the UK and a global presence in Europe, the US, Australia, New Zealand, and the Middle East, Kiverco is experiencing increased demand from Saudi Arabia’s waste sector. UKEF’s support is instrumental in helping Kiverco establish strong commercial relationships in the region, opening doors to new opportunities as Saudi Arabia invests in sustainable infrastructure.
Elizabeth McCrory MBE, Export Finance Manager (Northern Ireland) for UK Export Finance, stated: “Our export insurance offer can make a big difference to businesses looking to deliver ambitious overseas contracts – it offers a level of assurance that can help exporters to focus on delivering extraordinary work which grows their business. Kiverco is a great example of a company realising its potential through international trade: the kind of company which will be key in the UK’s efforts to promote sustainable exports that help our economy grow more and waste less.”
John Irwin, Managing Director at Kiverco, commented: “Kiverco has been delivering innovative, bespoke recycling plant for over 30 years and is UK market leader in the C&D sector. The Kiverco brand promises a recycling plant that delivers high levels of material separation purity, uptime, and a long productive life. Kiverco’s growth strategy will only be delivered by expanding export markets. Partnering with UK Export Finance has already proven to be extremely beneficial in helping secure orders and Kiverco will continue to take advantage of the wide range of support available from UKEF to facilitate continued export growth.”