BUSINESS

Al Qaryan Group stands out as the premier metal recycling entity in the Middle East for the 6th year in a row

December 03, 2024

Reaffirming its dedication to sustained growth and operational distinction within the recycling sector, along with its unwavering commitment to environmental conservation and sustainability, Al Qaryan Trading, Industry, and Contracting Group — a Saudi joint-stock company specialized in recycling operations and industries —has won the esteemed title of "Best Metal Recycling Company in the Middle East" for an unprecedented sixth year in a row. This prestigious accolade was bestowed upon the group during the November 2024 Middle East Waste and Recycling Awards.

This award stands as a pinnacle within the recycling industry, acknowledging exceptional contributions made by companies that exhibit a profound dedication to innovation, efficiency, and environmental protection. It is a testament to the strides taken by the Al Qaryan Group in expanding its operational capacities and facilities throughout the Kingdom, continually advancing recycling technologies and sustainable practices. These endeavors have not only yielded significant economic and industrial benefits but have also reinforced the group's position as a front-runner in the recycling sector.

In a statement, the company's Chief Executive Officer Eng. Abdulaziz Yehya Al-Mu'aid, expressed his pride, stating: "We are honored to receive this prestigious award for the sixth consecutive year in the Middle East. It underscores the company's commitment to executing its strategic vision, which revolves around fostering growth across diverse recycling sectors and industries. Our commitment to operational and organizational excellence, coupled with a relentless focus on enhancing cost efficiency through the deployment of cutting-edge operational management systems, has propelled our company's business volume to exceed 1.2 million tons annually—a growth rate surpassing 10 percent compared to 2023. These efforts involve the processing and recycling of various metals to supply a plethora of factories within and beyond the Kingdom, thereby fortifying our contribution towards realizing the non-oil GDP targets set forth in Vision 2030, while simultaneously elevating local industrial content levels. It is also directly contributing to achieving the targets of the Saudi Green Initiative through the company's role in reducing energy consumption, landfill activities, and carbon emissions.

Al-Mu'aid emphasized that the sustained distinction of Al Qaryan Group in the Middle East's recycling sector underscores the burgeoning support that the industry, as a whole, garners in Saudi Arabia. There is a growing emphasis on bolstering sectors that actively contribute to environmental preservation and sustainability.

He highlighted the company's ongoing efforts to expand operations across all recycling sectors, including affiliated industries, noting that the group oversees and manages more than 20 state-of-the-art facilities for recycling various metals, alongside factories dedicated to iron, plastic, and copper production. "This strategic approach ensures that the company meets the demands of both local and global markets, exporting its diverse array of products to over 30 countries worldwide," he added.


December 03, 2024
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