HUI SAF RNS28 Apr 2026 16:10
Aleksandra Binkowska, Chief Executive Officer of HUI, commented: "Today's announcement represents a highly strategic step forward for HUI and for our wholly owned Saudi subsidiary, HUI KSA. Securing access to a scalable and reliable stream of unrecyclable waste feedstock is fundamental to the successful deployment of our technology and the delivery of commercially viable projects in the region. Our collaboration with RECYCLEE demonstrates the strength of our model, combining advanced conversion technology with established local infrastructure to unlock value from materials that would otherwise go to landfill. Saudi Arabia is moving decisively to modernise its waste and energy systems, and we believe HUI, through HUI KSA, is well-positioned to play a meaningful role in that transformation.
This MoU lays the groundwork for what we expect to become a long-term, mutually beneficial partnership, supporting the production of hydrogen and Sustainable Aviation Fuel while contributing to the Kingdom's circular economy ambitions. We look forward to progressing discussions and advancing this opportunity toward a definitive agreement.
We would also like to thank all the parties in Saudi Arabia who have supported us in reaching this important milestone."..
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