Ministry of Saudi Arabia and HTCycle AG signed a Memorandum of Understanding

HTCycle and Ministry of Investment Saudi Arabia have signed a Memorandum of Understanding to explore investment opportunities in the development of waste management sector. 

HTCycle can process sewage sludge in an environmentally friendly way and benefit from the results of the hydrothermal carbonisation process including activated carbon, which is used in the water treatment industry or other sectors.

BMG Financial Group was appointed by HTCycle as its investment banker for the Saudi operations capital raising from quasi government funds and strategic investors from the private sector.

<< back