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.
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City Cement and Tadweer Environmental Services launch alternative fuels joint venture
Written by Global Cemfuels staff