"Metals" and "Ecoet" Sign Contract for Plastic Waste Management

Metals and Manufacturing Company signed a plastic waste management contract with Equate Petrochemical Company (“Equate”), under which Metals will manage and recycle the plastic waste generated by Equate’s industrial operations, in line with both parties’ commitment to enhancing environmental sustainability and optimizing resource use in Kuwait’s industrial sector. The agreement includes providing 20 dedicated containers for collecting this waste within Equate’s facilities, which will be periodically transported to Metals’ facilities for sorting, processing, and recycling in accordance with the highest environmental standards. Metals leads the plastic recycling sector in Kuwait, maintaining its leadership by supplying a wide range of plastic raw materials to numerous local and international plastic converters. The company also works closely with its clients to understand and meet their specific needs, and takes pride in offering a broad selection of high-quality, medium-grade, and low-grade industrial-grade raw and recycled plastic pellets. Metals collaborates with several petrochemical plants to process and prepare scrap and non-specified plastic, leveraging extensive transportation capabilities and specialized machinery for washing plastic scrap, thereby ensuring the highest levels of quality and value for the products it supplies.

On his part, Tariq Ibrahim Al-Mousa, Vice Chairman and Chief Executive Officer of Metals and Manufacturing Company, stated: “Industrial sustainability is at the core of Metals’ business, as we strive to enable our clients and partners to balance operational activities with environmental impact and social responsibility, whether through the waste management and recycling solutions we provide or by leveraging our advanced facilities to support environmental and industrial initiatives. Today, we are pleased to partner with Equate and support its efforts in managing and recycling the plastic waste generated by its industrial operations.”

About Metals and Manufacturing Company: Metals and Manufacturing Company K.S.C.P., a leading provider of waste management and industrial sustainability solutions, was established in 1987 and is listed on the Kuwait Stock Exchange. Its services include waste management and recycling, metal scrap processing, plastic recycling and conversion, iron and metal manufacturing and forming, hazardous waste management, as well as facility management and municipal cleaning services, serving government, oil and gas, petrochemical, industrial, and commercial sectors. Metals has a strong track record of environmental partnerships. The company also recycles large quantities of metal scrap annually, exceeding 60,000 tons, to support local and global aluminum industries.