SIRC × CARBOTURA — Strategic Manufacturing Partnership
Zero Waste
Kingdom.
2030.
مصفر النفايات — رؤية 2030

Carbotura's Design-for-Manufacturing Advanced Circular Manufacturing (ACM) platform converts all nine of Saudi Arabia's primary waste streams into classified manufactured materials — at full industrial scale, deployed across seven regions through a network of 100 TPD capacity increments. This is not a proposal. This is a manufacturing commitment.

Design-for-Manufacturing ERL · Manufacturing-Proven 9 Feedstock Streams 7 Regions 100 TPD Increments MWAN 2030 Alignment
29
Total Modules · Full Programme
$1.595B
Carbotura FDI into Saudi Arabia
2,900
TPD Total Capacity · Full Programme
7
Regions · 9 Streams · National Coverage
DFM
Design for Manufacturing · Direct to Scale
Carbotura Capital Commitment — Foreign Direct Investment into the Kingdom
Carbotura invests in Saudi Arabia.
The Kingdom receives manufacturing capacity.

Every 100 TPD module represents Carbotura deploying capital directly into the Kingdom of Saudi Arabia — designing, financing, constructing, owning, and operating the facility at our cost. SIRC and the Kingdom's regulatory authorities provide the mandate, the land, and the feedstock origination network. Carbotura provides the manufacturing technology and the capital. This is foreign direct investment in the truest sense: manufacturing infrastructure built for Saudi Arabia, in Saudi Arabia, by Carbotura.

$55M
Per 100 TPD Module
Carbotura FDI into Saudi Arabia

Commercial Sequence

Term Sheet
Master framework · all regions · no investment components
Sharia Board Review
SCMA + CSA structure · Ijarah · Musharakah · Option B+LCT
Fatwa required before CSA execution
Master CSA Executed
Perpetual instrument · 30-year minimum term · all regions
parallel
Sharia Board — Deed Transfer
Bay' structure · land + landfill title to Carbotura
Fatwa required before deed execution
Sharia Board — MAMP
Bay' al-Salam fatwa · required before prepayment
Fatwa required before MAMP payment
MAMP Tranche 1
SIRC → Carbotura · $100M USD (SAR 375M) · condition precedent
Carbotura receives · does not pay
Deed instruments executed
Manufacturing Site Deed · Remediation Site Deed · concurrent with MAMP
parallel
Underwriting
Deployment Planning
Phase 1 COD — per region
Royalty streams commence · Exogenesis Royalty starts Year 4–5
Remediation Site Deed — Year 4–5
Landfill sites deeded to Carbotura · Exogenesis Programme commences · Exogenesis Royalty TO Kingdom
Restored land reverts to Kingdom
Restoration certified · Remediation Site Deed closes · land returned

The CSA Exchange

Kingdom Provides
  • Waste streams assigned to Carbotura
  • Land + landfill deed transferred to Carbotura
  • Tax abatements (MISA + SEZA)
  • MAMP prepayment — SIRC pays Carbotura
  • $100M USD (SAR 375M)
Circular Supply Agreement
Perpetual instrument · 30-year minimum term
  • $55M USD (SAR 206M) per 100 TPD module
Kingdom Receives
  • Circular Royalty Stream
  • Exogenesis Royalty — $50 USD (SAR 187.50) per tonne
  • Authority capital at risk: $0

SOVEREIGN BALANCE SHEET · CSA EXCHANGE FRAMEWORK

Carbotura is the Kingdom's Sovereign Advanced Circular Manufacturing Partner — converting a long-term liability into a royalty-producing asset.

Every tonne diverted. Every liability transferred. Every royalty earned. Zero Authority capital required.

The Five-Pillar Exchange

PILLAR 1

Feedstock

CSA feedstock assignment clause
Designated waste streams legally assigned to Carbotura as sovereign manufacturing feedstock. Cease to be a liability on the Authority's balance sheet from assignment.
PILLAR 2

Materials Offtake

SCMA · sub-agreement to CSA
RC1–RC5 outputs subject to sovereign preferential election (SCMO). Kingdom receives Circular Royalty Stream + Exogenesis Royalty ($50/tonne) as two independent payment flows. Non-elected products exportable tax-free.
PILLAR 3

Land

Manufacturing Site Deed · RCJY / MODON / NEOM
Industrial site deeded to Carbotura under Manufacturing Site Deed, distinct from the CSA. Carbotura holds registered title and bears all construction, fit-out, and operating costs at site.
PILLAR 4

Tax Abatements

MISA Strategic Investor License + SEZA
Zero corporate income tax for qualifying period. Customs exemptions on capital equipment. Application held by Carbotura. Benefit flows to Carbotura — at no Authority cost.
PILLAR 5

MAMP Prepayment

Bay' al-Salam · Tranche 1
$100M USD (SAR 375M) paid BY SIRC → TO Carbotura before construction. Required condition precedent. Sharia structure: forward sale with full prepayment.

Phase 1 National Totals

Waste cost eliminated / yr
SAR 293.4M ($78.3M)
FWDC × 1,015,000 tpy ESTIMATED
Legacy landfill volume
~129M tonnes
conservative estimate · 7 regions ESTIMATED
Exogenesis Royalty TO Kingdom (total)
$6,450M (SAR 24,188M)
$50/tonne × 129M t · 10-year programme ESTIMATED
Exogenesis Programme annual royalty (Year 4–5 start)
$645M / yr (SAR 2,419M)
staggered start per region ESTIMATED
CO₂e avoided / yr
3,863,525 tCO₂e
133,225 × 29 modules · SA_15 locked rate ESTIMATED
Circular Royalty Stream 1 (Year 2)
$45.69M / yr
SA_15 placeholder rate ESTIMATED
Carbotura FDI (Phase 1)
$1,595M (SAR 5,981M)
29 modules × $55M LOCKED
Authority capital required
$0 USD (SAR 0)
no Authority outflow at any phase LOCKED

The Authority's net position: receives feedstock liability elimination + Circular Royalty Stream + Exogenesis Royalty ($50/tonne) + legacy landfill removal + CO₂e avoidance + restored land. Contributes: feedstock designation, land deed, regulatory mandate, MAMP prepayment (credited against deliveries). Authority capital at risk: $0 USD (SAR 0).

Programme Timeline

PHASE 1 · LOCKED
2,900 TPD · 29 modules
$1,595M FDI · 3,863,525 tCO₂e/yr · 2026–2031
PHASE 2 · ESTIMATED
+2,900 TPD · +29 modules
+$1,595M FDI · cumul. 7.7M tCO₂e/yr · 2029–2032
PHASE 3 · ESTIMATED
~32,350 TPD · ~324 modules
~$17.8B cumul. FDI · ~43M tCO₂e/yr · 2031–2035
Exogenesis Programme DEDICATED · ESTIMATED
+17,671 TPD · +177 modules
~129M t legacy · staggered start Year 4–5

Carbotura × SIRC — Contribution to Saudi GDP

Advanced Circular Manufacturing is not waste management — it is a new manufacturing sector. Every module Carbotura deploys adds directly to Saudi Arabia's non-oil GDP through capital formation, domestic manufacturing output, sovereign royalty revenue, employment, and import substitution.

Capital formation
Carbotura FDI injected directly into the Kingdom
Phase 1 · LOCKED $1,595M (SAR 5,981M) 0.14% of GDP
Phase 3 · EST ~$17,820M (SAR ~66,825M) cumulative
Domestic manufacturing output
Estimated annual RevCon™ materials production — RC3 baseline
Phase 1 · LOCKED $1.73B/yr (SAR 6.47B/yr) 0.16% of GDP
Phase 3 · EST ~$19.3B/yr (SAR ~72.4B/yr) ~1.8% of GDP
Sovereign royalty revenue
Royalty streams paid by Carbotura TO the Kingdom
Phase 1 · LOCKED $691M/yr (SAR 2,591M/yr)
Phase 3 · EST $3.85B+/yr (SAR 14.4B+/yr)
In-Kingdom employment
Direct manufacturing FTE + indirect multiplier effect (1.8×)
Phase 1 · LOCKED ~1,800 direct FTE · $113M/yr
Phase 3 · EST ~20,000+ direct FTE · $1.25B+/yr
Import substitution
RC3–RC5 materials produced domestically — displacing imports
Phase 1 · LOCKED $1.73B/yr domestic production
Phase 3 · EST ~$19.3B/yr — net exporter
Non-oil GDP contribution
Aligned with Vision 2030 manufacturing sector target
Phase 1 · LOCKED 0.31% of non-oil GDP target
Phase 3 · EST ~3.5% of non-oil GDP target
Kingdom's non-oil GDP target ≈ $550B by 2030
Phase 1 annual GDP contribution · LOCKED $1.96B/yr SAR 7.36B/yr · = 0.18% of Saudi GDP
Phase 3 annual GDP contribution · ESTIMATED ~$21.0B/yr SAR ~78.8B/yr · = ~1.9% of Saudi GDP
Total Carbotura FDI into Kingdom $1,595M → ~$17,820M Phase 1 LOCKED → Phase 3 ESTIMATED
Saudi Vision 2030 targets manufacturing as a cornerstone of non-oil GDP growth. The Carbotura × SIRC Advanced Circular Manufacturing programme contributes across every dimension of this objective: capital formation, domestic industrial output, sovereign revenue, Nitaqat-compliant employment, and the development of a world-class critical materials manufacturing sector that reduces import dependency and creates a new sovereign export asset class.
Forward-looking statements: GDP contribution estimates are design-basis projections based on engineering targets and indicative market prices. Saudi GDP reference: approximately $1.1 trillion USD (2024). Actual contributions will depend on programme scale, feedstock quality, commodity markets, and executed agreements. Not a financial forecast or binding commitment.

The Mission — Zero Waste Kingdom by 2030

Saudi Arabia generates over 110 million tonnes of waste annually. 90% goes to landfill. Carbotura and SIRC exist to change that.

MWAN Alignment Vision 2030 Saudi Green Initiative

Saudi Arabia's MWAN National Waste Management Strategy calls for 800+ new resource recovery facilities and an 85% diversion rate from landfill by 2035. The Kingdom generates over 110 million tonnes of waste annually — with 90% currently going to landfill. SIRC's mandate is to close this gap. Carbotura's ACM platform is the manufacturing system that makes it possible — at industrial scale, from day one.

The Zero Waste 2030 Target

Saudi Arabia's waste challenge is not a collection problem or a policy problem — it is a manufacturing capacity problem. The streams exist. The regulatory mandate exists. The feedstock originators (SIRC subsidiaries and industrial operators) exist. What is missing is the manufacturing infrastructure to convert waste into classified manufactured materials. Carbotura provides that infrastructure. At $55M per 100 TPD module, Carbotura deploys capital directly into the Kingdom — building manufacturing centers that did not exist, producing outputs (RC3–RC5 manufactured materials, REE, critical minerals) that Saudi Arabia currently imports.

110M+
Tonnes of waste generated
annually in Saudi Arabia
90%
Currently diverted to
landfill — unprocessed
800+
New facilities required
by MWAN by 2035

DFM Advantage — Design for Manufacturing

ACM is not a demonstration technology. It is an engineered manufacturing system designed for rapid replication at the 100 TPD module scale.

ERL Manufacturing-Proven Direct to Scale 100 TPD Standard Module

DFM — Design for Manufacturing — means every component, process parameter, and output specification of the ACM facility is engineered for production, not experimentation. When Saudi Arabia commits to a 100 TPD module, Carbotura delivers a standard manufacturing cell — not a one-off configuration, not a scaled-up prototype.

🏭
Engineering Readiness Level
ACM operates at an Engineering Readiness Level (ERL) consistent with commercial manufacturing deployment. Deterministic input-output relationships. Defined operating envelopes. Quantified output yield profiles. This is not Technology Readiness Level language — it is manufacturing language, because ACM is a manufacturing system.
📦
100 TPD Standard Module
Every ACM installation is a replicable 100 TPD manufacturing cell. Identical engineering. Identical output profile. Identical capital structure. This means each new module in each new region is not a new design exercise — it is a manufacturing replication. Speed of deployment scales with commitment, not with engineering.
Rapid Deployment
Standard Saudi deployment schedule: T0 (engagement commitment) to COD (commercial operating date) = 30 months. At seven regions with staggered T0s, Phase Initial (100 TPD per region) can reach 700 TPD of active capacity across the Kingdom within 36 months of the first engagement. No validation delay.
MCR Technology Note

ACM uses Microwave Catalytic Reforming (MCR) — a proprietary advanced manufacturing process. MCR is not thermal treatment, incineration, or pyrolysis. It is a manufacturing process that applies controlled microwave energy to catalyze molecular reformation of feedstock into classified manufactured output streams. The output is a classified manufactured material — not a combustion product, not a treated residual, not a fuel equivalent.

Nine Streams — Every Material Addressed

Nine feedstock streams. All addressable by ACM. SIRC subsidiaries originate four of the nine — Yadoum, Akam, ELECTA, and GEMS each contribute a stream.

MSW · Tires · Sludge WtE Ash · Petcoke Ash ASR · C&D Fluff · Commercial

ACM is capable of processing all nine primary material streams present in Saudi Arabia's industrial and municipal waste profile. Every access classification below reflects a contractual or regulatory constraint — never a manufacturing capability limit.

MSW Residuals
Yadoum (SIRC MSW subsidiary)
Non-RDF fraction and rejects from Yadoum's municipal processing. Converts to Carbon Black RC2-RC3, High-Purity Graphite RC3.
Immediate Access
End-of-Life Tires
SIRC Tire Mandate / ELT aggregators
15M tires/yr nationally. Carbon Black RC2-RC3, Aromatics RC3 (BTX), Steel RC1. Carbon Black is fastest-growing product segment in Saudi tire recycling market.
Immediate Access
Wastewater Sludge
GEMS / Marafiq WWTP
Industrial WWTP sludge from Marafiq operations at RCJY. Pozzolanic SCM RC2, Metals Recovery RC2, Treated Water RC1.
Conditional
WtE Ash — Veolia Jubail 2
Veolia RCJY JV (feedstock supplier)
~75-86 TPD bottom + fly ash from Jubail 2 WtE JV. REE suite RC4 (Ce, La, Nd, Y) + Li Carbonate + Co Sulfate + metals. No current disposition — Carbotura provides offtake.
REE · Critical Minerals
Petcoke / Coal Ash
RCJY boilers / cement plants
Vanadium V₂O₅ (primary — Aramco petcoke is high-vanadium), Nickel RC2-RC3, Gallium RC4. Feeds Aramco VRFB supply chain.
V₂O₅ · REE
Contaminated Recycling
RCJY recycling centers
Post-sort rejects — materials too contaminated for conventional recycling. Mandatory source separation (2025) increases this stream. Carbon Black RC2, Aromatics RC3.
Immediate Access
ASR — Auto Shredder Residue
ELECTA (SIRC metals subsidiary)
Residual from ELECTA's EoL vehicle metal extraction — ~25% of vehicle weight. Carbon Fiber Precursor RC4, Specialty Aromatics RC3.
Immediate Access
Commercial Waste
SEEC / private operators
Retail, hospitality, offices. Fastest-growing segment at 9.49% CAGR through 2031. Carbon Black RC2, Graphite RC3.
Immediate Access
C&D Fluff
Akam (SIRC C&D subsidiary)
Light fraction from Akam's C&D aggregate processing — wood, insulation, polymer films. Mineral Aggregate RC1, Carbon RC2. Akam processes 16M+ tpy.
Immediate Access
SIRC Portfolio Completion

Four of nine streams originate directly from SIRC's own subsidiaries. Yadoum's non-RDF rejects, Akam's C&D fluff, ELECTA's ASR, and GEMS's industrial sludge — all streams that SIRC's network currently cannot convert to manufactured output. Carbotura processes what SIRC's subsidiaries cannot sell. This is portfolio completion for the entire SIRC circular economy mandate.

Ash to Sovereign Resource — REE & Critical Minerals

All ash streams are designated for Rare Earth Element, metals, and critical mineral recovery. Saudi Arabia imports 100% of its REE processing capacity. ACM produces it from waste.

Ce · La · Nd · Y Li · Co · V₂O₅ · Ga Ma'aden · Aramco · NEOM

Saudi Arabia's mineral wealth was revalued to SAR 9.375 trillion ($2.5 trillion) in 2025. Mining is now the Kingdom's third economic pillar. Ma'aden announced a $110 billion investment plan at the Future Minerals Forum (January 2026). The single largest gap in this strategy: Saudi Arabia has no domestic REE separation or critical minerals processing from circular feedstock. Carbotura closes that gap from ash streams that currently go to landfill.

Element / Product RevCon™ Source Stream Why It Matters for Saudi Arabia Primary Buyer
Neodymium (Nd) RC4 / MTL-018 WtE ash (electronics fraction) Permanent magnets for EV motors + wind turbines. Saudi Arabia imports 100% of Nd. Ma'aden · NEOM OXAGON
Cerium (Ce) RC4 / MTL-016 WtE ash Catalytic converters, polishing agents. Largest-volume REE by weight. Ma'aden
Lanthanum (La) RC4 / MTL-017 WtE ash NiMH batteries, optical glass, catalysts. Ma'aden · Aramco
Yttrium (Y) RC4 / MTL-019 WtE ash LED phosphors, laser materials, electronics. NEOM OXAGON
Lithium Carbonate RC4 / MTL-044 WtE ash (battery fraction) Li-ion battery precursor. Saudi Arabia EV program demands Li supply chain. Aramco · Ma'aden JV
Cobalt Sulfate RC4 / MTL-046 WtE ash (battery cathodes) Cathode material for Li-ion batteries. PIF/Manara Minerals acquiring cobalt assets globally. Ma'aden / Manara Minerals
Vanadium Pentoxide (V₂O₅) Outside RevCon Ref.* Petcoke ash (Aramco-derivative) VRFB grid storage for Saudi 110 GW renewable program. Aramco petcoke is high-vanadium. Aramco-BYD JDA (April 2025). Saudi Aramco VRFB chain
Gallium (Ga) RC4 / MTL-042 Petcoke / coal ash GaAs / GaN compound semiconductors. China controls 95% of global Ga. OXAGON semiconductor manufacturing. NEOM OXAGON
* V₂O₅ recovery from petcoke ash requires engineering confirmation for high-vanadium feedstock configuration. All REE/critical mineral outputs are design-basis estimates.
The PIF Alignment

PIF owns SIRC — Carbotura's CSA counterparty. PIF owns Manara Minerals — the joint venture with Ma'aden that is the Kingdom's primary REE and critical minerals buyer. The same sovereign entity that partners with Carbotura is also the primary buyer of the manufactured critical minerals output. This is not a coincidence — it is the strategic architecture of a circular economy that captures value at every stage within the sovereign framework.

Seven Regions — 29 Modules · 2,900 TPD · $1.595B FDI

Jubail through Jazan. 29 modules total. Phase Initial = 100 TPD per region. Full programme ranges from 100 TPD (Jubail) to 1,000 TPD (Riyadh). Carbotura invests $55M per 100 TPD module.

RCJY · MODON · NEOM Company · JECA $1.595B Carbotura FDI 29 Modules · 2,900 TPD
01 / RCJY
Jubail
RCJY · SIRC · GEMS
1 module · 100 TPD · $55M FDI
WtE ash REE · Veolia feedstock · petcoke V₂O₅ · 9 streams · Ma'aden ICO · T0 Q4 2026
Active ✓
View all phases →
02 / RCJY
Yanbu
RCJY · SIRC · GEMS
3 modules · 300 TPD · $165M FDI
Petrochemical-heavy · YASREF · YANSAB · Phase Initial 100 TPD → 300 TPD full · T0 Q2 2027
Active ✓
View all phases →
03 / MODON
Riyadh
MODON · SIRC
10 modules · 1,000 TPD · $550M FDI
Kingdom's largest — 21% of national waste · 7,300 TPD baseline · 10 modules full programme · T0 Q4 2027
Active ✓
View all phases →
04 / MODON
Jeddah
MODON · SIRC · Jeddah Islamic Port
6 modules · 600 TPD · $330M FDI
Hajj surge 1.75× design basis · port city · IsDB Circular Sukuk alignment · T0 Q2 2028
Active ✓
View all phases →
05 / MODON
Dammam
MODON · SIRC · Aramco
4 modules · 400 TPD · $220M FDI
Aramco petcoke ash V₂O₅ · 8.08% CAGR · Ras Tanura 30 km · T0 Q4 2027
Active ✓
View all phases →
06 / PIF Direct
NEOM
NEOM Company (CSA + Site + Buyer)
3 modules · 300 TPD · $165M FDI
Single-entity structure · OXAGON closed loop · C&D surge 220 TPD · CFP + GO + Ga · T0 Q4 2028
Active ✓
View all phases →
07 / JECA + ACWA
Jazan
JECA · SIRC · ACWA Power
2 modules · 200 TPD · $110M FDI
IGCC ash first-of-kind · agricultural biochar · ACWA Power PIF alignment · T0 Q2 2029
Active ✓
View all phases →
Carbotura Investment Calculator — FDI into Saudi Arabia
7 regions
100 TPD
7
Total Modules
$385M
Carbotura FDI
into Saudi Arabia
700
Total TPD
National Capacity
At $55M per 100 TPD module. Carbotura designs, finances, builds, owns, and operates every module at its own cost. The Kingdom provides land, regulatory authorization, and feedstock access. This is Carbotura's capital entering Saudi Arabia — not the Kingdom's capital leaving it. All figures are design-basis estimates.
National Capacity Buildout — 100 TPD Increments · 29 Modules Total · 2029–2034

All Seven Regions — Portal Navigation

49 regional pages across 7 regions. Each region contains: Waste Study · Proposal · Economic Impact · In-Country Off-Take · Executive Brief · Partner Benefits.

49 Pages 7 Regions $1.595B FDI 2,900 TPD Full Programme

The full Carbotura KSA portal covers all seven engagement regions. Each region includes six document pages covering feedstock analysis, the Circular Supply Agreement structure, economic impact analysis, in-country off-take buyers, executive decision brief, and partner benefits. All pages are bilingual (EN/AR) and Sharia-framed.

Programme Summary

29 modules · 2,900 TPD full programme · $1.595B Carbotura FDI into Saudi Arabia · 7 regions · 9 feedstock streams · 49 regional pages.

EXOGENESIS PROTOCOL · LEGACY LANDFILL REMEDIATION

Urban Mining — Near-Zero by Design

"The Exogenesis Protocol for Urban Mining — Carbotura's Near-Zero Emissions, Near-Zero Waste, Near-Zero Discharge approach to legacy landfill recovery. Operating under a sealed, advancing membrane enclosure with point-of-excavation gas capture via the Atmospheric Protection System (APS) and a fully electric, remotely operated excavation fleet. No personnel enter the enclosure under any operational condition."

SIRC × CARBOTURA — Strategic Manufacturing Partnership
The Kingdom Provides the Mandate.
Carbotura Provides the Manufacturing.
المملكة تقدم التفويض — كاربوتورا تقدم التصنيع

Zero Waste Kingdom by 2030 is not a target — it is an engineering commitment. Seven regions. Nine streams. 100 TPD increments. $55M of Carbotura capital deployed per module. No prototype. Manufacturing from day one.

Begin Engagement → info[at]carbotura.com
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