MoU between Partanna and Red Sea Global will see firms explore carbon-negative concrete developments ...United Arab Emirates

A memorandum of understanding (MoU) has been signed by carbon negative concrete pioneer Partanna with Saudi-based developer Red Sea Global. The MoU was signed at COP27 and, as part of the agreement, the parties are exploring an arrangement for Partanna to establish production facilities on Saudi Arabia’s Red Sea coast. The MoU comes just four days after Partanna announced a partnership with the Government of the Bahamas to build the world’s first carbon-negative housing development. Partanna’s concrete technology is said to avoid carbon emissions, absorb carbon from the atmosphere and generates tradeable carbon credits. Partanna is as durable, versatile and scalable as traditional cement. It

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