WHY WE ACT
Ecological Transformation, that is our purpose
To lead the charge in mitigating the environmental impact of industrial activities and championing a circular economy approach. Through innovative solutions, we are committed to maximising resource recovery, specifically water and oil, from hazardous waste generated by the oil and gas industry.
Our focus extends to expanding existing solar farms, producing more locally sourced green energy, and contributing to the UAE's ecological transformation. As a company part of the world leaders in hazardous waste treatment, this development underscores Magma's and its shareholders' dedication to setting new standards in resource management. Veolia, Vision Invest, and Tadweer unite in a shared commitment to drive ecological transformation and sustainable progress in the United Arab Emirates. By reinforcing our leading role in hazardous waste treatment in the Middle East, MAGMA envisions a future where industry and the environment coexist harmoniously, leveraging innovation, world-class governance, and economic development clusters to deliver value to communities. Together, our purpose is to shape a prosperous and sustainable future for the nation, considering environmental, social, and governance factors in all our endeavours.
WHAT WE DO
Commitment through safe and sustainable hazardous waste solutions.
We operate the UAE's only integrated one-stop-shop facility dedicated to the safe treatment, volume minimization, and sustainable recovery of hazardous and radioactive waste streams.
Our mission at large is to provide safe and sustainable hazardous waste treatment solutions that protect the environment, promote public health, and safeguard the well-being of our communities. Through innovative solutions, we are committed to maximising resource recovery, specifically water and oil, from hazardous waste generated by the oil and gas industry. Our focus extends to expanding existing solar farms, producing more locally sourced green energy, and contributing to the UAE's ecological transformation.
HOW WE DO IT
Innovation and world-class governance to create value for our stakeholders.
Our vision is to be a global leader in hazardous waste treatment, recognized for our excellence in environmental stewardship and our commitment to sustainable practices. We aim to set new industry standards in hazardous waste management, constantly seeking innovative solutions to minimise waste generation, maximise resource recovery, and reduce the overall environmental footprint.
MAGMA was established in March 2023, through a consortium with French-based environmental services company Veolia, Abu Dhabi-based holding company Tadweer Group and Saudi Arabia-based Vision Invest. This partnership aims to address critical environmental challenges in UAE's petrochemical industry by leveraging the expertise and resources from various sectors. With a shared commitment towards sustainability and innovation, MAGMA seeks to implement cutting-edge solutions that promote waste management, resource recovery, and circular economy practices across the region.
Two plants, one contract
A mixed consignment is characterised once and separated internally, rather than split across vendors or shipped out of the country.