MRC
MRC is a Kuwait-based publicly listed eco-industrial company founded in 1987 that operates scrap metal processing, plastic recycling, hazardous waste management, and industrial manufacturing for government, oil and gas, petrochemical, and manufacturing clients.
- Company typePublic
- Founded1987
- HeadquartersKuwait, Kuwait
- Headcount101–250
- GTM typeB2B
- OfferingServices
What MRC does
MRC (Metal and Recycling Company K.S.C.P.) is a Kuwaiti publicly listed eco-industrial company founded in 1987 that operates across waste management, recycling, and industrial manufacturing for government, oil and gas, petrochemicals, manufacturing, and commercial clients. Its core operations comprise Kuwait's first and largest scrap metal processing facility (handling HMS 1 and 2, shredded steel, copper, aluminum, brass, and stainless steel) and its first plastic recycling and compounding line (supplying master batch and recycled plastic granules to plastic converters). Hazardous waste management - including electronic waste, oil sludge, biological waste, and medical waste - is operated through wholly-owned subsidiary Kawoosh General Trading Company, which runs the first GCC-based medical waste incineration facility with ISO 9001, 14001, and 18000 certifications. Additional delivery capacity is provided through subsidiary Silver Ocean (city cleaning and janitorial services with 2,000+ employees) and United Engineering Services (HVAC and facilities management with 200+ project managers, engineers, and technicians), plus the 2019-acquired World Technical Center Co.
The company generates revenue through professional services contracts, hardware sales of recycled and fabricated metal/plastic products, and managed industrial infrastructure services. Pricing is tender-based for government ministries (Ministry of Health, Ministry of Interior, Kuwait Municipality, Amiri Diwan) and enterprise clients (EQUATE, Kuwait Oil Co., KNPC, PIC, Albabtain Group, Refrigeration Industries Co.), typically structured as multi-year renewable agreements. GTM motion combines direct enterprise field sales with strategic co-development partnerships and joint ventures targeting the eco-industrial sector. The flagship forward-looking initiative is the 550,000 sqm Mina Abdallah Eco-Industrial Park, integrating sustainable production, central industrial waste treatment, on-site storage, labor camp, and closed-loop waste-to-energy systems. The company is publicly listed on the Kuwait Stock Exchange, holds ISO 9001:2015, ISO 14001, and ISO 45001 certifications, and explicitly aligns its strategy with Kuwait's New Kuwait Vision 2035.
MRC firmographics
Firmographics- Name
- MRC
- Legal name
- Metal and Recycling Company K.S.C.P.
- Website
- https://mrckw.com
- Company type
- Public
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- MRC is a Kuwait-based publicly listed eco-industrial company founded in 1987 that operates scrap metal processing, plastic recycling, hazardous waste management, and industrial manufacturing for government, oil and gas, petrochemical, and manufacturing clients.
- Ownership category
- akta.pro rank
MRC industry classification
Industry- Product category
- Industrial Waste Management and Recycling
- NAICS
- Materials Recovery Facilities (56292), Materials Recovery Facilities (562920), All Other Plastics Product Manufacturing (326199), Metal Service Centers and Other Metal Merchant Wholesalers (423510)
- SIC
- Miscellaneous Plastics Products (3080), Primary Smelting & Refining Of Nonferrous Metals (3330), General Industrial Machinery & Equipment (3560)
- akta.pro primary industry
- Material Recovery Facilities (MRF) & Single-Stream Recycling Processing (IMAIAFAD)
- akta.pro secondary industries
- Commercial & Industrial (C&I) Recycling Processing (BPALADAC), Post-Consumer Plastic Collection & Sorting (MRF/PRF, Bale Supply) (EUAIAKAA), C&D Sorting & Materials Recovery (C&D MRFs) (BPALAJAC)
Keywords
Where MRC is headquartered
LocationHeadquarters
- HQ city
- Kuwait
- HQ country
- Kuwait
- HQ region
- Middle East
Offices2 records
Markets served
MRC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Waste Management Services: Recycling and scrap processing, hazardous waste management, city cleaning and janitorial services, and facilities management services provided to government, oil and gas, petrochemicals, manufacturing and commercial clients on contract basis
- Manufacturing and Production: Forward integration into industrial manufacturing and production operations including scrap metal products (HMS 1 and 2, shredded steel), non-ferrous materials (copper, aluminum, brass, stainless steel), and plastic conversion products (films, sheets, bags, pallets, containers, drums)
- Industrial Infrastructure and Facilities: Eco-industrial park development and management, facilities management services through partner companies including HVAC, electromechanical and maintenance services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B/Government contract-based pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
MRC product offering
Product offeringCore offering
MRC (Metal and Recycling Company) is a Kuwaiti eco-industrial company that processes and recycles ferrous and non-ferrous scrap metals and plastics, manages hazardous and industrial waste, and provides city cleaning, janitorial, and facilities management (HVAC, electromechanical) services. The company supplies recycled raw materials (HMS steel, copper, aluminum, brass, stainless steel, plastic granules) and forward-integrates into finished plastic and metal fabricated products. Core customers are Kuwaiti government ministries, oil and gas operators (Kuwait Oil Co., KNPC), petrochemical producers (EQUATE, PIC), and industrial manufacturers.
Product overview
MRC (Metal and Recycling Company) is a Kuwait-based eco-industrial company offering a diversified portfolio of waste management, recycling, and industrial manufacturing services. The core offering consists of scrap metal processing (ferrous and non-ferrous) and plastic recycling and compounding, supported by manufacturing capabilities including a plastics conversion and finished products facility and steel/metal fabrication works. MRC also operates hazardous waste management services through its Kawoosh subsidiary (medical waste incineration), provides city cleaning and janitorial services via Silver Ocean, and delivers facilities management (HVAC and electromechanical) through United Engineering Services. The flagship infrastructure project is the Mina Abdallah Eco Industrial Park, a 550,000 sqm integrated eco-industrial park. The portfolio spans waste collection and processing, recycling, hazardous waste treatment, industrial manufacturing, and facilities management services, organized around forward integration from recycling into value-added manufacturing.
Differentiator
Problem solved
Functional benefit
Products and services
- Scrap Metal Processing
Quantifiable outcome
- First GCC-based medical waste incineration facility
Companies that use MRC
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
MRC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
MRC partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- OmniyacoreMetal and Recycling Company (MRC) signed an MoU with Omniya, the Kuwait-based nonprofit focused on plastic recycling, to promote plastic waste sorting and recycling efforts. Omniya will collect plastic waste, which MRC's facilities will process for safe reuse, supporting Kuwait's sustainability goals and environmental awareness.
- NespressocoreNespresso extended sustainability commitments in the Middle East with launch of first recycling program in Kuwait. MRC handles recycling operations for aluminum coffee capsules. Partnership renewed in August 2025 for continued aluminum capsules recycling in Kuwait.
- Petrochemical Industries Company (PIC)coreMoU signed with PIC to build a plant for the production of recycled materials from plastic waste, supporting Kuwait's circular economy objectives.
- Kuwait Foundation for the Advancement of Science (KFAS)minorPartnership agreement extending co-founding support for in-house research and development activities.
- EQUATE Petrochemical CompanycoreThree-year renewable waste management agreement signed with EQUATE Petrochemical Company. Services include scrap processing and industrial waste management.
- Kawoosh General Trading CompanycoreSubsidiary company that supplied, installed and commissioned state-of-the-art medical waste incinerator facility operated on behalf of Ministry of Health. First GCC-based medical waste incineration facility with ISO 9001, 14001, and 18000 certifications.
- Silver OceancorePartner company providing city cleaning and janitorial services. Employs more than 2,000 employees serving multitude of contracts spanning manpower, waste collection, transportation, and specialized janitorial/cleaning services.
- United Engineering Services (UES)corePartner company for HVAC and facilities management services with professional team of over 200 project managers, engineers, supervisors and skilled technical labours. Delivers EPC and service contracts to private and public sector clients.
Scale indicators5 records
Recent moves7 records
Expansion highlights7 records
MRC competitors and assessment
Company assessmentBroad incumbents
- Suez Middle East: International waste management and water services incumbent operating across the Middle East with municipal solid waste, recycling, and industrial waste treatment offerings comparable to MRC's portfolio.
- Veolia Middle East: Global environmental services giant with broad municipal and industrial waste, recycling, and hazardous waste operations across the Middle East. Overlaps with MRC on hazardous waste management, recycling, and facilities management, but at vastly larger scale and broader scope.
- Schnitzer Steel Industries: US-listed scrap metal processing and recycling incumbent. Comparable business model in ferrous and non-ferrous metal recycling, but operating at global scale rather than a single-country eco-industrial platform.
Emerging players
- Saudi Investment Recycling Company (SIRC): Saudi Arabia's national recycling champion, building materials recovery and circular-economy infrastructure. Comparable strategic mission (national circular-economy platform) but operating in Saudi Arabia's larger market.
- Enviroserve (UAE): UAE-based electronic waste and integrated recycling specialist. Comparable niche overlap with MRC's hazardous waste and e-waste management capabilities, though focused on a narrower stream.
Direct peers
- Bee'ah: Sharjah-based eco-industrial waste management company operating its own eco-industrial park (similar to MRC's Mina Abdallah park). Operates integrated recycling, hazardous waste treatment, and city cleaning services across the UAE, making it the closest regional analog to MRC.
- National Cleaning Company (Kuwait): Kuwait-based municipal cleaning and waste collection competitor. Directly comparable in city cleaning/janitorial services, one of MRC's three service lines delivered via its Silver Ocean subsidiary.
Regional players
- Tadweer (Abu Dhabi Waste Management Company): Abu Dhabi government's primary vehicle for waste collection, recycling, and treatment. Comparable in mission and customer type (government + oil & gas), but operates in the UAE rather than Kuwait.
Others
- Masdar (UAE): UAE-based renewables and sustainability platform. Adjacent rather than directly competitive, but a useful comparator on Vision-style national sustainability mandates and eco-park-type strategic platforms.
- Kuwait Integrated Petroleum Industries Company (KIPIC): Adjacent ecosystem participant — a major Kuwait oil-refining and petrochemical operator and customer-type for MRC's waste and recycling services. Listed for ecosystem context rather than direct competition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
MRC social profiles
Digital presenceMRC compliance and trust
Trust signalCompliance6 records
MRC financial estimates
Financial estimateRevenue estimate
Valuation estimate
MRC leadership team
Management profileNumber of profiles
Profiles3 records
MRC subsidiaries and ownership
Company hierarchySubsidiaries4 records
MRC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MRC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MRC
What does MRC do?
MRC (Metal and Recycling Company) is a Kuwaiti eco-industrial company that processes and recycles ferrous and non-ferrous scrap metals and plastics, manages hazardous and industrial waste, and provides city cleaning, janitorial, and facilities management (HVAC, electromechanical) services. The company supplies recycled raw materials (HMS steel, copper, aluminum, brass, stainless steel, plastic granules) and forward-integrates into finished plastic and metal fabricated products. Core customers are Kuwaiti government ministries, oil and gas operators (Kuwait Oil Co., KNPC), petrochemical producers (EQUATE, PIC), and industrial manufacturers.
Is MRC a public or private company?
MRC is a public company. It is classified as public and is currently operating.
When was MRC founded?
MRC was founded in 1987. It employs 101 to 250 people.
Where is MRC based?
MRC is headquartered in Kuwait, Kuwait, in the Middle East region.
How does MRC make money?
Three revenue lines are on record. Waste Management Services are the primary driver. The others are manufacturing and Production and industrial Infrastructure and Facilities.
Who are MRC's main competitors?
Broad incumbents on record are Suez Middle East, Veolia Middle East and Schnitzer Steel Industries. Emerging players are Saudi Investment Recycling Company (SIRC) and Enviroserve (UAE). Direct peers are Bee'ah and National Cleaning Company (Kuwait). Tadweer (Abu Dhabi Waste Management Company) is listed as a regional player. Others are Masdar (UAE) and Kuwait Integrated Petroleum Industries Company (KIPIC).
Does MRC have an API?
No public API is recorded for MRC.
What industry is MRC in?
MRC's product category is Industrial Waste Management and Recycling. Its primary akta.pro industry code is IMAIAFAD, Material Recovery Facilities (MRF) & Single-Stream Recycling Processing, with a secondary code of BPALADAC, Commercial & Industrial (C&I) Recycling Processing. Its NAICS code is 56292 and its SIC code is 3080.