Hangji Global Limited has signed a project memorandum of understanding (MoU) with Brisa International LLC, USA to jointly undertake a first-of-its-kind project in region with a leading utility in the United Arab Emirates (UAE). Brisa International's Eco Tech, algae wastewater treatment, and biosolids processing (BBP) technologies have been well received by the United Nations, World Bank and many Governments. The project entails processing sludge from a local sewage treatment plant (STP) to produce Bio Crude, Class A Bio-Char and Pathogen Free Liquid Fertilizer. The project will be eligible to earn carbon credits and offers an attractive value proposition in the global carbon-offset market. Further, discussions are at various stages for potentially adding several processing units across UAE and expanding to other GCC countries.