Organic Recycling Systems Ltd Share Price – BSE

Miscellaneous, Small Cap

Organic Recycling Systems announced that the company poised to venture into the Middle East market as they have entered into a Memorandum of Agreement (MOA) with BioCatalyst, the authorized Middle East distributor and service provider for Bio Organic Catalyst Inc., headquartered in California, USA. This significant agreement emphasizes ORS's commitment to advancing sustainable solutions for waste management in the Middle East Region.

The MOA establishes the terms under which ORS and BioCatalyst will cooperate jointly in the marketing and business development of various centralized and decentralized Waste Management (MSW) projects. Through this strategic collaboration, the partners seek to introduce and promote innovative technologies and practices that can revolutionize waste handling, treatment and disposal processes in the Middle East. By combining their strengths in marketing, business development, and technical expertise, ORS and BioCatalyst aspire to establish themselves as key players in the Middle East's waste management sector, offering solutions that are not only effective but also environmentally friendly and economically viable. This collaboration marks a pivotal moment in addressing environmental challenges and advancing sustainable solutions in the Middle East region.

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Organic Recycling Systems and the University of Petroleum and Energy Studies (UPES) have embarked on a groundbreaking partnership focusing on joint research and collaboration in the realms of material science, sustainability, engineering, and renewable energy.

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Organic Recycling Systems will hold a meeting of the Board of Directors of the Company on 5 February 2024.

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Organic Recycling Systems will hold a meeting of the Board of Directors of the Company on 8 November 2023.

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