Metals and Equate Petrochemicals Sign Contract for Plastic Waste Management
Metals and Manufacturing Industries Company takes over management and recycling of Equate's industrial waste
Translated by Qiyas from الوسط — Original source
Kuwait Metals and Manufacturing Company S.A.K. has 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 the provision of 20 containers dedicated to 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 works closely with its clients to understand and meet their specific needs, and takes pride in offering an extensive assortment of high-, medium-, and low-grade industrial-grade virgin and recycled plastic granules.
“Metals” collaborates with several petrochemical plants to process and prepare scrap and non-specification plastics, leveraging extensive transportation capabilities and specialized machinery for washing plastic scrap, thereby ensuring the highest levels of quality and value for the products it provides.
On his part, Tariq Ibrahim Al-Mousa, Vice Chairman and Chief Executive Officer of Kuwait Metals and Manufacturing Company S.A.K., stated: “Industrial sustainability is at the core of ‘Metals’ operations, as we strive to enable our clients and partners to achieve a balance between operational activities, 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 Kuwait Metals and Manufacturing Company S.A.K.
Kuwait Metals and Manufacturing Company S.A.K., 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 volumes of metal scrap annually, exceeding 60,000 tons, to support local and global aluminum industries.
“Metals” is currently developing the “Abdullah Port Industrial Environmental Complex” to support sustainable industrial infrastructure and logistics in Kuwait, in alignment with the “New Kuwait 2035” vision, through partnerships with government entities, research centers, and academic institutions. Holding international quality and sustainability certifications, including ISO 50001, R2v3, and ISO 14064, the company is committed to solidifying its position as a leading environmental partner in accordance with Kuwait’s vision, the Sustainable Development Goals, and Environmental, Social, and Governance (ESG) standards, through a network of specialized subsidiaries.
