Saudi Waste Management Company SRIC Joins European Petrochemical Association
The Saudi waste management investment company SRIC, one of the companies wholly owned by the State Investment Fund, has announced its admission to the European Petrochemical Association EPCA. EPCA is the largest organization representing the petrochemical industry in Europe and serves as the main link and liaison with its wide network of more than 650 company members from all over the world.
Circe’s accession to EPCA represents an important step towards achieving its strategic goals. These goals include expanding business in the recycling sector and strengthening cooperation with international companies in this sector.
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The CEO of Saudi Refining Investment Company, Engineer Ziyad bin Muhammad Al-Shiha, explained that EPCA is one of the most important organizations in the petrochemical sector worldwide. Membership in EPCA will help SRIC achieve its strategic goals and enhance cooperation with international companies in the refining sector. The company expects this membership to make a significant contribution to its mission and allow it to benefit from insights and research in developing a chemicals management program to create a sustainable and safe environment, according to SPA.
Al-Shiha reaffirmed SRIC’s commitment to its effective role in achieving the goals of the Kingdom Vision 2023, which aims to move away from landfills and reduce carbon emissions.
It is noteworthy that Saudi Investment Company for Recycling, a Saudi company specializing in recycling, owns partnerships specializing in the processing of all types of waste. The company is also working to develop new recycling projects in the Kingdom.