Clean-Seas Engages HSA Investments for UAE Expansion
Updated: Jan 21, 2022
Clean-Seas has engaged HSA Investments of Abu Dhabi (HSA) to expand its reach throughout the Middle East region and Africa and to implement the Company’s Plastic Conversion Network (PCN). Clean-Seas recently filed a patent for intellectual property protection of its PCN.
Based in Abu Dhabi (capitol of United Arab Emirates (UAE)), HSA is a leading investment and consulting firm in the region that facilitates implementation of technologies designed to make a positive impact for environmental sustainability and a cleaner planet. Its portfolio includes companies involved in bio-fuels, agriculture, sustainable packaging, electric vehicles, and civil infrastructure sectors. Led by its Chairman Hatem Saeed Al Amoudi, HSA’s reach extends throughout Africa, the Middle East, and the Gulf Cooperation Council (GCC).
Clean-Seas has engaged HSA to assist with establishing a wholly owned subsidiary of Clean-Seas, Inc. in Abu Dhabi, ‘Clean-Seas Abu Dhabi,’ to serve as its regional operating company. HSA will also assist with securing and negotiating permits, licenses, feedstock and offtake agreements with regulators and customers throughout the entire region.
“I have known Hatem for 14 years and value his insight and strategic guidance for doing business in the region,” said Chris Percy, Clean Vision Corporation President. “Prior to Clean-Seas, we’ve done business together for many years, always with great success, and I couldn’t be more delighted to work with him and his team on this potentially huge project that could span decades.” Clean-Seas and HSA are working together to produce a turnkey solution for waste remediation throughout the region. The output from the plastic and other waste conversion will produce environmentally friendly fuels and commodities to be sold to customers globally, along with supporting local agriculture/farming projects.
Commenting on HSA’s Agreement with Clean-Seas, Mr. Al Amoudi, Chairman of HSA Investments, said, “After vetting the Clean-Seas project thoroughly with my team in Abu Dhabi, it was clear that Clean-Seas has a unique approach to solving the global waste-plastic problem. We are not immune to the effects of plastic waste here in the Gulf, so we must do our part to stem the tide of plastic flowing into the world’s oceans. I’m excited to be part of this project and to take this pyrolysis technology to the next level.”
Clean-Seas and HSA are in discussion with various countries and customers for its pyrolysis waste-to-energy technology solution, and environmentally friendly commodities offtake, and expects to formalize and announce the first of these new business relationships by the end of this year.