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Lidan is a circular materials platform focused on producing food-grade recycled PET (rPET) in Saudi Arabia. Developed by Almiras, the company addresses a critical gap in the Kingdom’s industrial ecosystem by enabling locally produced, certified rPET for food and beverage applications.
Based in Western Region, Lidan is establishing a state-of-the-art recycling facility that converts post-consumer PET bottles into high-quality rPET pellets through a fully integrated process including sorting, washing, decontamination, and solid-state polycondensation (SSP). The plant is designed to meet stringent international standards, including EFSA and FDA requirements for food-contact materials.
Lidan operates at the most critical point in the recycling value chain. It transforms low-value waste into high-value industrial input while leveraging Saudi Arabia’s abundant and largely underutilized PET waste streams.
Saudi Arabia faces a significant recycling gap, with less than 5% of PET waste currently recycled despite billions of bottles being consumed annually. At the same time, both global and local demand for food-grade rPET, driven by regulatory requirements and corporate sustainability commitments, continues to outpace the available certified supply. The industry is further constrained by high barriers to entry, as food-grade recycling requires advanced processing technologies, strict traceability systems, and complex regulatory approvals that limit the number of qualified producers. As a result, substantial volumes of plastic waste are still landfilled, leading to significant value loss instead of being reintegrated into productive industrial use.
Lidan reflects Almiras’s approach of building businesses in sectors where infrastructure, regulation, and industrial capability must be developed together.
Aligned with Vision 2030’s push toward waste management, industrial diversification, and non-oil exports, while benefiting from global regulatory shifts toward recycled packaging content.
Defensible through a combination of certification barriers, process technology, and access to high-quality local feedstock, enabling participation in a structurally supply-constrained market.
Led by a technically experienced team with expertise in sustainability, engineering, and process-driven industries. This is critical for executing a compliance-intensive operation.
Complements Almiras’s circular materials strategy, alongside Leafan, by expanding the group’s capabilities in waste-to-resource industrial platforms and introducing export-oriented revenue streams.