Tadweer Group + Dubal Holding to assume equal ownership of Enviroserve: Abu Dhabi-based waste management company Tadweer Group and investment firm Dubal Holding have acquired 100% of Dubai e-waste specialist Enviroserve with equal ownership, according to a press release. Enviroserve is the only integrated e-waste processor in the Middle East, Africa, and the Caucasus region and is known for recycling electrical and electronic equipment waste, the statement notes.

Enviroserve has a massive e-waste recycling facility in Dubai Industrial City: The company established The Recycling Hub, the world’s largest e-waste recycling facility, at Dubai Industrial Park in 2019. Spanning 280k sq feet, the The AED 120 mm (c. USD 32.7 mn) facility is able to process 100k tons of waste annually, including 39k tons of e-waste. The AED 120 mn project is backed by the Swiss Government Export Finance Agency and handles waste such as consumer electronics and military avionics as well as refrigerant gas, aerosol cans, and light bulbs.

Dubal has been showing interest in green projects too: Dubal is an investor in Warsan Waste Management, where it is part of a consortium building the one of the world’s largest single-site waste-to-energy facilities, according to its website. The project — which is located in the UAE — will be capable of handling 5k tons of municipal solid waste per day (1.82 mn tons a year) and is scheduled for operation by 2024. The firm also has a 50% share in Emirates Global Aluminum — a giant UAE aluminum manufacturer that has been working to decarbonize and recycle its production line. Alongside Dubai-based facilities management company Imdaad, Dubal Holding signed an MoU to co-invest in and develop environmentally-friendly projects in the UAE in October 2022.

More on Enviroserve: Enviroserve, an e-waste management company established in 2004, offers various services, including electronic waste recycling, IT refurbishment, refrigerant gas reclaiming, and specialized waste disposal, according to its website.

REMEMBER- Tadweer is cleaning up the UAE: The company issued tenders to establish Abu Dhabi’s first greenfield Material Recovery Facility last week. The plant will have the capacity to process 1.3 mn metric tons of waste annually and construction is set to begin by the end of the year with operations slated for 2026. Tadweer also recently inked an agreement on a national recycling campaign with Norwegian recycling and manufacturing company Tomra using Tomra’s Reverse Vending Machines to collect beverage PET bottles, cans, and glass bottles.

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