The Saudi Investment Recycling Company (SIRC) has recently celebrated a significant achievement by exporting its first batch of recycled and heat-washed PET flakes to a leading UK manufacturer of recycled PET bottles. This milestone follows the company’s successful foray into the European market, which began with shipments to Spain and has now reached a total of over 1,650 tons of exported material.
Through its collaborative project named YADOUM, MASAB, SIRC produces the high-quality PET flakes that are now penetrating the British market. As a subsidiary fully owned by the Public Investment Fund, SIRC is not only broadening its international market presence but also fostering crucial partnerships within the European recycling sector.
In a recent statement, SIRC highlighted the strategic importance of entering the UK market, which presents substantial opportunities for the import of recyclable products. The company emphasized its commitment to driving innovation and stimulating growth within the PET recycling industry.
Engineer Ziyad bin Mohammed Al-Shiha, SIRC Group CEO, expressed pride in the company’s role in supporting the sustainability goals of the Kingdom of Saudi Arabia. He noted that initiatives such as these contribute to reducing greenhouse gas emissions, decreasing landfill waste, and advancing the Saudi Green Initiative, thereby bolstering local industries and fostering a greener future.