Saudi Arabia: Veolia Signs Three Strategic Agreements to Accelerate the Kingdom's Environmental Security

• Veolia announced the signing of three strategic memorandums of understanding in water technologies and hazardous waste management.
   
• These agreements address major challenges for the Kingdom: preservation of water resources, energy efficiency, decarbonization of industry, and development of local skills.
   
• Established with three leading economic and industrial players in Saudi Arabia, these partnerships strengthen Veolia’s longstanding commitment in the country and its contribution to the ambitions of Saudi Vision 2030, aligning with the objectives of its strategic GreenUp program.

Veolia, a global leader in environmental services, announces the signing of three ambitious memorandums of understanding with three major players in the Kingdom’s industrial development: ACWA, a world-leading private water desalination company; Ma’aden, a major player in the Saudi mining industry; and Khazeen, a subsidiary of GASCO specializing in LPG storage.

These three strategic agreements establish a framework for enhanced cooperation across water technologies and hazardous waste treatment. They align fully with key Saudi Vision 2030 objectives regarding resource preservation, advancing the circular economy, and decarbonization. They also aim to strengthen the development of local capabilities and expertise in environmental services.

Optimizing the Desalination Value Chain with ACWA

The memorandum of understanding signed with ACWA aims to improve the performance of seawater desalination plant design through energy efficiency, optimization of the use of chemical solutions, improvement of water quality, and the deployment of best technical, digital, and operational practices.

Veolia and ACWA, world leaders in desalination, intend to amplify their previous co-performance achievements recorded at several of the region’s desalination plants, among the most efficient in the world.

The collaboration will positively impact ACWA’s existing and future projects, whose current capacity is 9.7 million m³ per day — equivalent to 3,900 Olympic swimming pools per day.

The potential emissions reduction from this collaboration could reach 500,000 tons of CO₂ per year, equivalent to the annual emissions of around 110,000 conventional cars, while also lowering operating costs and strengthening water security. 

Rethinking the Mining Industry’s Supply Chain with Ma’aden

The memorandum of understanding signed with Ma’aden focuses on water cycle and industrial waste management in this highly strategic sector for the Kingdom’s economic diversification.

Veolia’s cutting-edge water technologies will significantly optimize processes, particularly through the treatment and reuse of industrial water.

In waste management, beyond expert treatment and thanks to Veolia’s innovative solutions, the agreement will explore possibilities for source reduction, recovery, and valorization of materials in order to create new circular economy loops.

Decarbonizing the Strategic Infrastructures of Khazeen Group

Signed with Khazeen, a subsidiary of the National Gas and Industrialization Company, GASCO, the agreement notably involves deploying environmental technologies to support the decarbonization objectives of the regional industry leader.

The company’s storage infrastructures throughout the country will benefit from Veolia’s solutions for industrial water treatment and hazardous waste management.

The agreement also provides for developing an integrated Facility Management offer for water, energy, and waste management for Khazeen’s clients.

Veolia, the Trusted Partner of the Kingdom for Over 50 Years

In the face of water resource scarcity, accelerating climate change, and growing industrial needs, the ability to secure essential resources while minimizing the impact of activities is a strategic challenge for the Kingdom.

Present in Saudi Arabia since 1975, Veolia supports the development of essential infrastructure through its combined solutions and expertise in water, waste, and energy.

For decades, the Group has notably worked in Jubail, the world’s largest industrial complex, to treat industrial wastewater from major petrochemical companies.

Regarding industrial water reuse, hazardous waste management, and energy efficiency, Veolia is committed to helping build the Kingdom’s environmental security, benefiting its competitiveness and communities.

ABOUT VEOLIA

Veolia, a global leader in environmental services, works every day to build environmental security for the benefit of public health and the competitiveness of industries and regions. With 215,000 employees across five continents, working closely with local communities, and thanks to its cutting-edge technologies, the group cleans up pollution, reduces carbon emissions, and regenerates resources through concrete solutions that combine its expertise in water and water technologies, waste - including hazardous waste management, and local energy. In 2025, the Veolia group served 110 million people with drinking water and 97 million with sanitation, produced 45 million megawatt hours of energy, and treated 64 million tons of waste. Veolia Environnement (Paris Euronext: VIE, Fortune 500, SBF 120) generated consolidated revenue of €44.4 billion in 2025.