Caribbean carbon-negative concrete set for Saudi projects

Bahamas-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. 


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