French firm signs agreements with three Saudi companies
French environmental services company Veolia has signed three strategic
memorandums of understanding (MoUs) with Saudi Arabia’s ACWA Power, Ma’aden and Khazeen to accelerate water
efficiency, hazardous waste management and industrial decarbonisation across
the Kingdom.
The agreements are aligned with the objectives of Saudi Vision 2030,
supporting the development of circular economy initiatives, environmental
infrastructure and local capabilities in water, waste and energy management.
The three partnerships target key sectors of the Saudi economy, including
desalination, mining and liquefied petroleum gas (LPG) storage, as the Kingdom
continues to expand its industrial base while pursuing greater resource
efficiency and environmental sustainability.
Boosting desalination efficiency with ACWA Power
Under its agreement with ACWA Power, Veolia will work to improve the
performance of seawater desalination facilities through measures aimed at
increasing energy efficiency, optimising chemical use, enhancing water quality
and deploying advanced digital and operational technologies.
Read More Saudi
Arabia: Villa Hegra launches headquarters in AlUla to boost cultural exchange
The collaboration builds on previous projects between the two companies
and is expected to support ACWA Power’s existing and future desalination
portfolio. The company currently has desalination production capacity of
approximately 9.7 million cubic metres of water per day.
Veolia estimates that the collaboration could help reduce carbon emissions
by as much as 500,000 tonnes of CO₂ annually, while also lowering operating
costs and contributing to greater regional water security.
Advancing circularity in mining with Ma’aden
Veolia’s agreement with Saudi mining company Ma’aden will focus
on improving water management and industrial waste treatment across mining
operations.
The two companies will explore opportunities to increase the reuse of
industrial water, reduce waste generation and recover valuable materials from
industrial processes. The initiative is designed to create new opportunities
for resource recovery and strengthen circular economy practices within the
mining sector.
The partnership comes as Saudi Arabia seeks to expand mining and minerals
as a major contributor to economic diversification under Vision 2030.
Targeting decarbonisation across LPG infrastructure
The third MoU was signed with Khazeen, a subsidiary of the National
Gas and Industrialization Company (GASCO), and focuses on applying
environmental technologies across Khazeen’s LPG storage infrastructure.
The agreement covers industrial water treatment, hazardous waste
management and integrated facility management services encompassing water,
energy and waste.
The collaboration is intended to provide Khazeen and its customers with
solutions aimed at improving resource efficiency while reducing the environmental
impact of LPG-related infrastructure.
Veolia expands Saudi environmental partnerships
Veolia CEO Estelle Brachlianoff said environmental infrastructure is
becoming increasingly important to economic competitiveness and national
strategic priorities.
Read More Saudi
Arabia and France sign partnership to forge cultural ties
“Environmental security has become an essential condition for the
sovereignty, competitiveness, and strategic autonomy of territories,”
Brachlianoff said. “In Saudi Arabia, this involves the ability to preserve
every drop of water, decarbonise industrial development, and turn waste into
resources.”
She added that the agreements would allow Veolia to deploy its
technologies and solutions at scale in support of Saudi Arabia’s Vision 2030
ambitions.
Veolia has operated in Saudi Arabia since 1975, providing services
spanning water, waste and energy management. The company has also supported
industrial wastewater treatment at Jubail, one of the world’s largest
industrial complexes, and continues to participate in projects focused on
industrial water reuse, hazardous waste treatment and energy efficiency.
The latest agreements further expand Veolia’s role in Saudi Arabia’s drive
to strengthen environmental infrastructure while supporting industrial growth,
resource conservation and the transition toward a more circular and
lower-carbon economy.
Source: Gulf Business

0 Comments