APT’s joint venture partner from Saudi Paper Group, Mubarak Alkhater, CEO, said, “This opportunity in combination with demonstrations of the APT technology in Saudi Arabia will give APT solid exposure in the Region and provide solution for environmental challenges facing the large use of liquid fuel such as fuel oil and heavy crude oil in the region.”
Alternative Petroleum Technologies S.A. is the holding company for a group of environmental technology companies dedicated to all aspects of cost-effective solutions to environmental problems. It offers technologies and expertise to help operators of compression-ignition engines and industrial boilers meet increasingly stringent emissions requirements. It is developing new ways to help international power plant operators meet the constantly growing demand for electricity with heavier oil products that are made cleaner and more economical.
And It is meeting the challenge of providing even cleaner biodiesel fuels with new generations of emulsified fuels.
Saudi Paper Group is a joint stock company that is publicly traded in Saudi stock market. Saudi Paper Group has started in 1991, and grown to become among the largest tissue paper manufacturing in the MENA region. It has used and upgraded its recycling technologies, and now utilizing significant paper recycling resources in the region. Saudi Paper Group has also diversified into other industries and is established a joint venture with APT to support its growth strategy by importing environmental technologies.
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