Greenthesis SpA and Bee'ah Sharjah Environment Co. LLC Partners to Invest in Waste Management Facilities
Greenthesis SpA (“GTH”) is pleased to announce that it signed an agreement with Bee'ah Sharjah Environment Co. LLC (“BEEAH”), a leading Middle East operator in the field of sustainability.
The agreement aimed at realizing, in the MENA (Middle East and North Africa) area and the European Union, waste treatment and material recovery facilities, starting from the creation of the first polyethylene (PE) film recycling plant in the Middle East in Sharjah, within BEEAH's integrated waste management plant complex in Al Sajaa.
The development of this project will be a significant step forward in sustainable waste management.
The signing of the agreement took place during the visit to Italy of the United Arab Emirates Trade Delegation, organized by the Italian Ministry of Economy, in the presence of Prime Minister Giorgia Meloni, and attended by His Highness President Mohammed bin Zayed and HE Abdulla Bin Touq Al Marri, Minister of Economy of the United Arab Emirates.
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This strategic partnership reflects the commitment of both companies to promote the spread of both circular economy practices and sustainable infrastructure.
As part of this initiative, both partners will invest in multiple PE film recycling facilities, starting with a state-of-the-art facility in Sharjah.
This initiative aims to significantly reduce reliance on landfills and promote greater resource efficiency.
Khaled Al Huraimel, Group CEO and Vice Chairman of BEEAH highlighted the strategic importance of the partnership by saying: “Our collaboration with Greenthesis marks a key step in advancing sustainability on a regional and global scale.
“By combining our expertise in integrated waste management, we are not only setting new benchmarks for the industry but also driving transformative environmental impact.
“This partnership reinforces our commitment to pioneering circular economy solutions, addressing complex challenges such as polyethylene film recycling, and accelerating the transition to zero-waste cities.
“Together, we are shaping the future of sustainable resource management and strengthening our leadership in next-generation recycling solutions in the UAE and beyond.”
Simona Grossi, CEO of Greenthesis, echoing Khaled Al Huraimel's statements, added: “ We are very proud to be able to dedicate a joint venture to the study, introduction, and development of innovative technologies in the field of the circular economy, making our consolidated experience available in the context of a highly synergic collaboration with a leading operator in the Middle East in integrated waste management, a circumstance that will also allow us to further expand the operations of our Group on an international scale”.
The new plant will address the challenges associated with recycling PE film, a type of plastic commonly found in packaging.
It will be able to process over 7,000 tonnes of plastic waste per year by converting difficult-to-recycle PE film into durable and reusable panels. Created through an advanced, chemical-free process, these panels will serve as a sustainable alternative to plywood in construction projects.
The recycled panels can be reused multiple times and, once their lifecycle is complete, can be reprocessed into new panels, thereby promoting a fully circular recycling system.
This initiative therefore provides a cost-effective and long-lasting solution for the industry, reinforcing BEEAH’s leadership in resource recovery and innovation in the UAE and beyond.
BEEAH and Greenthesis intend to leverage their combined expertise through the joint venture B&A Waste Management, which has already successfully conducted major industrial waste management projects in the UAE, including a remediation project.
This new cooperation agreement for the PE film recycling plant marks a significant step forward in the partnership between the two groups, also in line with BEEAH's ambition to pursue the goal of zero-waste cities.
BEEAH, which has a long history of working with several Italian entities, has previously worked with Banca Intesa Sanpaolo and SACE.
Such partnerships enable BEEAH to secure sustainable financing while supporting Italian companies, including SMEs, as suppliers.
BEEAH also recently announced a major collaboration with the award-winning Renzo Piano Building Workshop (RPBW), named after the renowned Italian architect who founded the firm and led the design of iconic structures around the world, for the development of the Jawaher Boston Medical District in Sharjah.
This healthcare project, in partnership with Mass General Brigham and Dana-Farber Cancer Institute, aims to provide the UAE with world-class healthcare and innovation.
These collaborations highlight BEEAH’s commitment to mutual growth and strengthen the productive business relationship between the UAE and Italy.
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