| Diversified REITs Industry | Real Estate Sector | Mr. Nasser Muhammad Ibrahim Al Dueb CEO | XSAU Exchange | SA15IH0KL210 ISIN |
| Saudi Arabia Country | - Employees | - Last Dividend | 3 Nov 2025 Last Split | - IPO Date |
The National Environmental Recycling Company, operating in the Middle East and North Africa, specializes in recycling electronic and electrical equipment. Since its inception in 2015 and headquartered in Riyadh, Saudi Arabia, the company has dedicated its operations to the handling of waste and scrap materials derived from electronic and electrical sources. Their comprehensive process involves the collection, classification, detailing, stripping, storage, and delivery of these materials, aimed at converting waste into useful raw materials and products. Additionally, the company plays a role in the wholesale market and engages in the retail and trade of scrap construction materials, emphasizing its commitment to environmental sustainability and resource recovery.
Through meticulous recycling processes, the company transforms electronic and electrical waste into valuable raw materials like copper, aluminum, and iron blocks. These materials are critical for various industries, including construction, electronics, and manufacturing, contributing significantly to the circular economy.
Recognizing the versatility and demand for recycled plastics, the company produces plastic granules from electronic waste. This effort not only diverts plastics from landfills but also supplies the manufacturing sector with raw materials for making a wide range of products, from packaging to new electronic components.
The recycling process yields blocks containing mixed metals, which can be further processed or used in various industrial applications. This product underscores the company’s commitment to maximizing resource recovery and reducing waste.
Beyond electronic waste, the company engages in the retail and trade of scrap construction materials, including iron. This service not only provides an outlet for the disposal of construction waste but also supplies the construction industry with cost-effective, recycled materials.