Caribbean carbon-negative concrete set for Saudi projects
15.02.2023Bahamas-based startup Partanna is finalising the terms of its first commercial partnership in the Middle East – a tie-up with the developer responsible for two of Saudi Arabia’s flagship giga-projects, Red Sea and Amaala.
A joint venture is expected to be signed with Red Sea Global (RSG) early next year, according to Rick Fox, co-founder and chief executive of Partanna, which specialises in the production and use of negative-carbon concrete and other building materials.
The deal is the next stage of partnership between the two companies, which signed a memorandum of understanding in November to explore ways in which RSG could use Partanna’s processes at its projects in the kingdom and beyond.
This article was published by AGBI (Arabian Gulf Business Insight). To read the full article please click here: https://www.agbi.com/articles/partanna-caribbean-carbon-negative-concrete-set-for-saudi-projects
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