CarbonMeta Technologies Wins Sole Source Contract with Saudi Investment Recycling Company (SIRC)
Riyadh, Saudi Arabia and Woodinville, WA, USA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- CarbonMeta Technologies Inc. (OTC PINK:COWI, “CarbonMeta”) announced today that it has won an 850,000 SAR (220,000 USD) sole source contract with Saudi Investment Recycling Company (SIRC) to develop and commercialize a carbon-negative concrete made from industrial, construction demolition waste and mining waste, and thereby provide sustainable, eco-friendly products for strategic construction projects in the Kingdom of Saudi Arabia (KSA).
- Riyadh, Saudi Arabia and Woodinville, WA, USA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- CarbonMeta Technologies Inc. (OTC PINK:COWI, “CarbonMeta”) announced today that it has won an 850,000 SAR (220,000 USD) sole source contract with Saudi Investment Recycling Company (SIRC) to develop and commercialize a carbon-negative concrete made from industrial, construction demolition waste and mining waste, and thereby provide sustainable, eco-friendly products for strategic construction projects in the Kingdom of Saudi Arabia (KSA).
- “Through this cooperation, SIRC and CarbonMeta Technologies can help advance construction waste recycling technologies and contribute to the development of a circular, sustainable economy.”
In August 2023, CarbonMeta Technologies Limited was registered in Saudi Arabia. - Based in Riyadh, Saudi Arabia, the company is a wholly owned subsidiary of CarbonMeta Technologies, Inc. in the United States.
- Mr. Khalil is Vice President of Business Development at CarbonMeta Technologies, Inc. and is also the Managing Director of CarbonMeta Technologies Limited.