SEER, ECO Tadweer enter MOU to promote environmental projects in Saudi Arabia

May 17, 2023

Strategic Environmental & Energy Resources Inc. (SEER), a Broomfield, Colorado-based provider of environmental, renewable fuels and industrial waste stream management services based in has entered a formal memorandum of understanding (MOU) with ECO Tadweer (ET), a newly founded business in Saudi Arabia that specializes in environmental project management.

The joint venture plans to collectively promote environmental protection, quality of life and public health within Saudi Arabia through contributions to The Saudi & Middle East Green Initiative and projects like Green Riyadh. The Saudi & Middle East Green Initiatives program is a large environmental project that includes, among other things, planting 10 billion trees across Saudi Arabia. Both SEER and ET will work closely with the Saudi Investment Recycling Company (SIRC), a subsidiary of the Public Investment Fund of Saudi Arabia and part of the Saudi national program "Vision 2030."  

"ECO Tadweer is an initiative of the Saudi Economic Cooperation Organization led by the private sector to contribute to national and global efforts in the field of environmental sustainability and, more specifically, the application of a circular carbon economy approach as envisioned by the [SIRC]," says Areej Alturki, one of ET's directors.

"This initiative is designed to activate the role of the private sector in contributing to Saudi economic development by supporting the infrastructure of both the energy and environment sectors and by developing sustainable economic solutions for Saudi companies."

Alturki says ECO Tadweer will use SEER's various products and technologies to adopt the best international practices. She highlights the potential to use products from SEER's subsidiary company, MV Technologies, which designs gas cleaning systems to remove hydrogen sulfide and mercaptan-based compounds from landfill gas, digester biogas and many other sources. Additionally, Alturki expects SEER's Pellechar organic fertilizer to be instrumental in Saudi Arabia's plans to increase domestic agriculture production and notes the importance of Biochar Now, a large-scale producer of biochar and SEER's operating partner in Berthoud, Colorado.

"While the biochar and organic fertilizer are our initial priorities, eventually we want to license and deploy SEER's sustainable biogas treatment and the Paragon medical waste treatment technologies," Alturki says. "Both fit perfectly in the program objectives of Saudi's green initiatives, including the Green Riyadh Project."

John Combs, CEO of SEER, says he is proud of the MOU with ET and emphasizes the importance of connections with management personnel in organizations already working on environmental projects in Saudi Arabia.

"We are already discussing how SEER's solution offerings can be implemented in these projects and become part of the long-term solutions in Saudi," Combs says. "We have been working with one of the most prominent Saudi universities to develop a specialized product best suited for the Saudi soil and to develop specific plans that incorporate our partner's biochar and our organic, carbon-based Pellechar product into the early pilot programs involving the ‘greening’ of parks throughout the kingdom."

Combs says he expects revenue generation to begin later this year.