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Yadoum

Pioneering Municipal Waste Transformation: Introducing Yadoum

Municipal Solid Waste Recycling Company (Yadoum) isn't just a subsidiary – it's a driving force behind transforming the landscape of waste management. Established in 2022 under the SIRC (Saudi Investment and Resource Company) umbrella, Yadoum represents a commitment to progressive and sustainable solutions in the realm of Municipal Solid Waste.

Catalysing Municipal Waste Management

With its headquarters in Riyadh, Kingdom of Saudi Arabia, Yadoum is set on expanding the horizons of waste management. But our vision is not limited to traditional practices – we're here to prove that waste can be a valuable resource with the right approach.

Innovative Progress in Action

Yadoum's journey is marked by achievements that resonate with our commitment to innovation:

  • Revolutionizing Waste Usage

    We've successfully proven the concept of using RDF (Refuse-Derived Fuel) for industries, particularly in cement production. This breakthrough involved treating 2% of Riyadh's Municipal Solid Waste, showcasing our potential to create value from waste.

  • Sustainability Parks for Cities

    Our vision extends to creating sustainability parks in 5 major cities, establishing dedicated hubs for responsible waste management and sustainable practices.

  • Agricultural Waste Solution

    We've partnered with EDAMA and NADEC to produce specialized compost that addresses agricultural waste. This innovative approach is a testament to our dedication to providing holistic waste solutions.

  • Advancing Plastic Recycling

    With a strategic mindset, we've acquired a 51% stake in Masab plastic recycling company, further expanding our reach and impact.

Join the Yadoum Movement

Yadoum invites you to be a part of our journey toward responsible waste management. Contact us at [email protected] to discover more about our services, explore collaboration opportunities, and contribute to a greener, more sustainable future.

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Akam

Akam : Leading the Way in Sustainable Waste Management

Akam Recycling Company For Environmental Services (Akam) is not just a subsidiary – it's a driving force behind positive change in the realm of construction and demolition waste management. Established in 2020 as a proud member of the SIRC) family, Akam is committed to reshaping the landscape of environmental services.

Empowering Responsible Waste Management

With its headquarters situated in Riyadh, Kingdom of Saudi Arabia, Akam is at the forefront of expanding waste treatment activities.

Achieving Impactful Milestones

The accomplishments of Akam speak volumes about our commitment to excellence:

  • Unparalleled Processing

    In 2022, Akam processed a staggering 16.1 million tons of waste, showcasing our operational efficiency and dedication to handling waste responsibly.

  • Operational Excellence

    Operating across three sites, Akam managed an impressive fleet of 3600 trucks per day, underlining our commitment to managing waste at scale.

  • Financial Growth

    Revenues surged remarkably from SAR 2.7 million in 2021 to SAR 39 million in 2022, a phenomenal 15-fold increase that reflects our dedication and strategic focus.

  • Investing for Progress

    Akam's commitment to a sustainable future is evident in our investments of over SAR 160 million in four locations, a clear testament to our vision for expansion and impact.

Steering Towards a Sustainable Future

Under the leadership of CEO Eng. Abdulrahman Alamnea, Akam is propelled forward by a deep sense of purpose. Our focus on sustainable waste management is not only a strategic objective but a responsibility we embrace wholeheartedly.

Join the Akam Movement

Akam extends an invitation to be a part of our journey. Reach out to us at [email protected] to learn more about our services, explore potential collaborations, and contribute to a greener, more sustainable future.

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ELECTA

Empowering Environmental Sustainability: Introducing ELECTA

Metal Recycling Company For Environmental Services (ELECTA) is not just a subsidiary – it's a dynamic catalyst for reshaping how we manage waste, particularly the waste of electrical and electronic equipment, as well as metal scraps. Established in 2022 under SIRC, ELECTA is committed to driving positive change in waste management practices.

Shaping the Future of Waste Management

Headquartered in Riyadh, Kingdom of Saudi Arabia, ELECTA is committed to expanding waste treatment activities. Our vision extends beyond traditional practices – we're dedicated to developing comprehensive solutions that encompass waste collection, recycling, and trading capabilities within the Kingdom, all of which contribute to building a circular economy for a sustainable future.

Achievements that Define Us:

ELECTA's journey has been marked by achievements that resonate with our commitment to progress:

  • Strategic Acquisition

    ELECTA took a significant stride by acquiring a 60% share of EADA, a move that entailed a total investment of SAR 39 million. This strategic acquisition underscores our commitment to growth and innovation.

  • Campaigns for Change

    Through collaborative efforts, ELECTA contributed to recycling 70,000 electronic devices, amounting to 170 tons. This campaign, in partnership with CST and MWAN, showcases our dedication to fostering environmental awareness.

  • Remarkable Financials

    ELECTA's financial performance speaks volumes about our impact. With already achieved SAR 63 million in revenue and an EBT of SAR 22 million, we demonstrate the alignment of sustainability with economic growth.

  • Expanding Footprint

    Expanding our reach, we're making investments totalling SAR 54 million in Riyadh and Jeddah, signifying our commitment to amplifying our impact.

Joining the Movement for Change

ELECTA invites you to be a part of our sustainable revolution. Reach out to us at [email protected] to learn more about our services, explore collaboration opportunities, and contribute to a greener, more sustainable future.

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AZYAT

Oil Management Company (Azyat): Pioneering Sustainable Lubricant Waste Solutions

Oil Management Company (Azyat) is a wholly owned subsidiary under SIRC umbrella, with a clear mission to revolutionize the management of lubricant waste. Established in 2022, Azyat stands as a dedicated execution arm, aligning with SIRC's commitment to environmental sustainability and responsible waste management.

Leading the Change in Lubricant Waste Management

Based in Riyadh, Kingdom of Saudi Arabia, Azyat takes the lead in transforming how we approach lubricant waste. Our vision extends beyond traditional practices – we're here to enhance waste collection capabilities, establish a circular economy, and contribute to a sustainable future.

A Resounding Commitment to Progress

Azyat's dedication is backed by tangible accomplishments:

  • Strategic Acquisition

    Azyat secured a remarkable 51% stake in Unilube, a prominent used lubricant oil collection company. This strategic move involved the transfer of assets, including a capable workforce of 47, 5 collection centers, and 34 collection trucks – a significant investment of approximately SAR 23.68 million.

  • Expanding Horizons

    Azyat's forward-thinking approach is evident in its business plans. A comprehensive strategy has been laid out to develop 5 collection centers for Used Cooking Oil, demonstrating our commitment to diversifying our impact.

For a Greener Tomorrow

At Azyat, we're not just managing waste – we're creating pathways to a more sustainable tomorrow. Our endeavors encompass far-reaching environmental and economic benefits, from efficient waste collection to the establishment of a circular economy.

Join the Azyat Movement

Azyat invites you to be a part of our journey towards responsible waste management. Reach out to us at [email protected] to learn more about our services, explore collaboration opportunities, and contribute to a greener, more sustainable future.

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Wazeen

Leading the Way in Medical Waste Management: Introducing Wazeen

Medical Waste Treatment Company (Wazeen) isn't just a subsidiary – it's a trailblazer in redefining how we approach medical hazardous waste treatments. Established in 2022 under the auspices of SIRC, Wazeen is committed to driving transformative change in the field of hazardous medical waste management.

Elevating Medical Waste Solutions

With its headquarters in Riyadh, Kingdom of Saudi Arabia, Wazeen sets the standard for innovative medical waste management. Our mission goes beyond traditional practices – we're here to develop, operate, and finance a comprehensive range of activities focused on medical hazardous waste (MHW), all of which contribute to building a circular economy for a sustainable future.

Advancing through Innovation

Wazeen's journey is a testament to innovation in hazardous medical waste management:

  • A Vision of Sustainability

    Founded by SIRC in February 2022, Wazeen is a catalyst for establishing a holistic approach to MHW management, including collection, transportation, treatment, recycling, and final disposal. Our focus is not only on waste management but on sustainability for generations to come.

  • Cutting-Edge Technology

    Wazeen leads the hazardous medical waste sector through partnerships with international experts in the field. Our upcoming state-of-the-art facilities in Riyadh, Dammam, and Jeddah, covering 55,000 square meters, showcase our commitment to innovation.

  • Dual Treatment Approaches

    We utilize advanced Incineration technology for treating toxic, pharmaceutical, and liquid waste, aiming for a 35% market share by 2030 to treat 4,000 tons annually. Our use of "Autoclave" sterilization technology for sharps and infectious waste aims for another 35% market share to treat 17,000 tons per year.

  • Smart Solutions for Efficiency

    Our digital solutions, specializing in tracking and controlling waste containers and transportation fleet, demonstrate our commitment to efficiency and responsible waste management.

Guided by Purpose, Driven by Innovation

Under visionary leadership, Wazeen's journey is defined by purpose and innovation. Our focus on sustainable waste management is an integral part of our responsibility to society and the environment.

Joining the Wazeen Movement

Wazeen invites you to be part of our journey toward responsible medical waste management. Reach out to us at [email protected] to learn more about our services, explore potential collaborations, and contribute to a healthier, more sustainable future.

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REVIVA

Empowering Sustainable Solutions: Introducing REVIVA

At the heart of environmental preservation and industrial waste management stands Global Environmental Management Services (REVIVA), a vital subsidiary of SIRC (Saudi Investment and Resource Company). Acquired in 2019, REVIVA is a dedicated execution arm in the realm of industrial hazardous waste treatments, redefining how we approach environmental sustainability.

A Gateway to Environmental Excellence

Based in the vibrant city of Jeddah, Kingdom of Saudi Arabia, REVIVA serves as an integrated platform for environmental preservation, protection, and restoration. Our commitment extends beyond mere waste management – REVIVA is an industry leader in delivering a comprehensive suite of services, ranging from waste management to recycling, logistics to engineering solutions.

Leadership That Guides, Innovation That Drives

Under the astute leadership of Eng. Ziyad Al-Shiha, SIRC CEO, and Eng. Khalid Alrashid, REVIVA's CEO, we combine vision with expertise. Their guidance propels us forward, enabling us to consistently pioneer innovative solutions that set new standards in environmental management.

A Multifaceted Approach to Sustainability

REVIVA is dedicated to providing a diverse range of industrial services across Saudi Arabia, ensuring a cleaner, safer future for all:

  • Advanced Cleaning Solutions

  • Comprehensive Maintenance Services

  • Holistic Waste Collection

  • Efficient Transport and Logistics

  • Rapid Response and Cleanup

  • Cutting-edge Laboratory Facilities

Uniting Purpose and Progress

REVIVA is more than a company – we're a driving force for change, a guardian of the environment, and a catalyst for progress. As a partner for a cleaner, healthier tomorrow, we invite you to explore our comprehensive services and be a part of our mission to redefine environmental excellence.

For inquiries and collaborations, contact us at [email protected]

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Sail

Empowering Environmental Sustainability: Introducing SAIL

In a world where environmental concerns have taken center stage, Marine Operations For Environmental Services (SAIL) emerges as a powerful force committed to safeguarding our natural heritage. Established in 2022 as a wholly owned subsidiary of SIRC (Saudi Investment and Resource Company), SAIL is dedicated to making a lasting impact through proactive measures that prioritize environmental preservation.

Setting the Stage for Change

SAIL's inception marks a pivotal moment in the pursuit of a greener and cleaner future. At its core, SAIL is equipped to monitor and respond swiftly to oil spills along the Saudi Arabian shorelines. Through the utilization of cutting-edge technologies and industry best practices, SAIL ensure that each response is effective, efficient, and ecologically responsible. Our commitment to protecting our coastline from the devastating impact of oil spills is unwavering.

Championing Innovation for a Cleaner Kingdom

SAIL doesn't stop at oil spill management; it's at the forefront of driving positive change in the Kingdom. By developing state-of-the-art monitoring, recycling, and rehabilitation capabilities, we are actively shaping a sustainable future. These capabilities go beyond the present moment, contributing to the resilience of Saudi Arabia's environment for generations to come.

Guided by Leadership, Driven by Purpose

Under the esteemed leadership of H.E. Abdulrahman Al-Fadhli, the Saudi Minister of Environment, Water and Agriculture, SAIL is poised to make a real difference. With a visionary at the helm, SAIL is guided by a deep commitment to our environment and an unwavering dedication to achieving our mission.

Your Partner for a Greener Tomorrow

SAIL envisions a future where marine operations seamlessly integrate with environmental stewardship. Aspires to be the ultimate "one-stop shop" for all Marine Operations For Environmental Services, we are dedicated to delivering comprehensive solutions that ensure a healthier planet and thriving ecosystems.

Join us on this transformative journey towards a more sustainable world. Contact us at [email protected] to explore opportunities for collaboration and discover how SAIL is redefining the landscape of environmental services.

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Leading the Circular Economy in Saudi Arabia

SIRC is at the forefront of driving the Kingdom’s circular economy by achieving the ambitious target set by the Waste Management National Regulator Framework of 2035.

About us

SIRC stands tall as the driving force behind circular economy investments, spearheading transformative initiatives that pave the way for a cleaner, greener tomorrow.

Our mission is crystal clear: to collaborate with the private sector and champion the circular economy, attracting both local and global investments that propel us forward.

We believe in the power of technology and knowledge transfer, infusing recycling practices with best-in-class techniques and creating valuable employment opportunities along the way.

Learn More

Our Mission

We engage society, build local capabilities and enable the private sector through establishing and developing the waste management sector to lead the circular economy of Saudi Arabia.

Our Vision

To be the National Waste Management champion driving the circular economy for a sustainable society.

Our Values

Environmental Stewardship

Environmental Stewardship

We deeply care about the environment and the future of the kingdom, driving us to take responsible action.

Results-Oriented

Results-Oriented

With humility and determination, we consistently find solutions and achieve meaningful impact.

Ambition for Excellence

Ambition for Excellence

Our passion drives continuous improvement, inspiring others to embrace change and drive progress.

Commitment to Integrity

Commitment to Integrity

Upholding high standards, we take pride in our work, delivering on our promises with unwavering dedication.

Collaborative Engagement

Collaborative Engagement

We embrace diverse perspectives, eagerly engaging with stakeholders to foster empowerment and mutual growth.

Our Goals with Vision 2030

Our Goals with Vision 2030

Forefront of driving sustainable progress in the Kingdom of Saudi Arabia. We actively lead the charge in implementing impactful waste reduction strategies, accelerating the widespread adoption of renewable energy solutions, championing the principles of environmental justice.

By deploying comprehensive initiatives, we strive to catalyze profound change, safeguard our environment, and elevate the holistic well-being of every citizen.

Together, we are forging a sustainable future that transcends boundaries and empowers generations to thrive.

Circular Economy

Fulfilling Lives

We aim to reduce waste, reuse resources, and recycle materials to create new products. By embracing the principles of a circular economy, we can minimize waste generation and maximize resource efficiency, contributing to a sustainable future.

Renewable Energy

Investing for the Long-term

SIRC is committed to integrating renewable energy sources, such as solar and wind power, into its waste management operations. By reducing reliance on fossil fuels and promoting clean energy solutions, we can minimize greenhouse gas emissions and mitigate environmental impact.

Carbon Neutrality

Effectively Governed

As part of our dedication to Vision 2030 and the Saudi Green Initiative, we are committed to reducing carbon emissions and ensuring that all communities in KSA have equal access to clean air and water. We strive to create a sustainable future.

  • Leadership
  • Board of Directors

Eng. Ziyad AlShiha

Group Chief Executive Officer

Eng. Khaled Alrashed

Chief Operations Officer

Mr. Abdulrahman AlObayed

Executive Vice President, HR & Shared Services

Mr. Abdulrahman AlMaziad

Chief Internal Audit Officer

Mr. Faisal Alsolami

Executive Vice President, Finance & Strategic Planning

Mr. Ahmed Alshreef

General Counsel

Eng. Mostafa Abdullatif

Chief Governance, Risk and Compliance Officer

Eng. Ahmed Aljuhany

Vice President, Marketing & Strategy Partnerships

Mr. Ayman Yamani

Vice President of Project Management Office

Eng. Hasan Alamri

Chief Business Development Officer

H.E. Eng. Khalid Mohammed AlSalem

Chairman

Dr. Khaled Saleh AlSultan

Board Member

Mr. Mohammed Abdulrahman AlBalaihed

Board Member

Mr. Omar Mohammed AlHoshan

Board Member

Mr.Abdullah Ibrahim Abobakr

Board Member

Mr. Amr Abdulaziz AlJallal

Board Member

Eng. Ibrahim Abdulrahman AlShaye

Board Member

Mr. Mohammed Ali Al Saheb

Board Member

Dr. Bob Robinson Maughon

Board Member

Mr. Ian Price

Board Member

CEO Message

Since its inception, Saudi Investment Recycling Company (SIRC) has demonstrated exceptional growth and progress towards driving the Circular Economy in the Kingdom and promoting a sustainable society. As we embark on a new year, SIRC remains steadfast in its mission and purpose despite the challenges presented by the global pandemic. The events of 2023 have highlighted the weaknesses and fragility of the current linear economic model, reinforcing the need for sustainability to be at the core of all industries. SIRC recognizes this urgency and remains committed to achieving the ambitious recycling targets outlined in Vision 2030, including diverting 8% of the total municipal waste from landfills.

SIRC's focus for the future is to develop and operate innovative recycling projects that increase the rate of diversion from landfills, boost the recovery of raw materials, and upgrade the waste management sector, while ensuring strict compliance with the highest environmental standards.

Through its continued dedication to promoting sustainable waste management practices and upholding environmental, social, and governance principles, SIRC remains a leading player in the Kingdom's journey towards a Circular Economy and a more sustainable future for all.

Chairman Message

Saudi Investment Recycling Company (SIRC) is a wholly-owned subsidiary of the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund. Established in 2017, SIRC is committed to achieving the environmental and sustainability objectives outlined in the Kingdom's Vision 2030 through advancing waste management practices, promoting recycling initiatives, conserving natural resources, and shifting to a circular economy.

With an aim to pursue business opportunities across the entire waste management value chain, SIRC intends to establish partnerships with local entities, attract foreign investments, and leverage innovative technologies to maximize waste recycling while minimizing waste disposal. By doing so, SIRC endeavors to generate maximum value from waste utilization, protect the environment, and enhance the quality of life for all citizens.

In line with its commitment to excellence, SIRC is dedicated to the continuous development of its employees and adheres to high environmental and safety standards in all its activities. Additionally, SIRC recognizes the importance of community engagement and will actively work towards raising awareness and promoting environmental stewardship among stakeholders.

Subsidiary Network

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    The Saudi Investment Recycling Company (SIRC) is a wholly owned subsidiary of the Public Investment Fund (PIF) of Saudi Arabia.
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