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News City Cement and Tadweer Environmental Services launch alternative fuels joint venture

City Cement and Tadweer Environmental Services launch alternative fuels joint venture

Written by Global Cemfuels staff
11 September 2023
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Saudi Arabia: City Cement has announced that its waste management subsidiary Green Solutions for Environmental Services (GSES) has launched a new company to produce alternative fuel (AF) for local and overseas markets. The company is a joint venture in which GSES holds a 29% stake, with the majority stake held by Public Investment Fund subsidiary Tadweer Environmental Services. The joint venture has US$1.8m-worth of capital.

Published in Global CemFuels News
Tagged under
  • Saudi Arabia
  • City Cement Company
  • Public Investment Fund
  • Government
  • alternative fuel
  • Plant
  • Joint Venture
  • Tadweer Environmental Services

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