Aramco, a leading integrated energy and chemicals company, has signed a five-year Cooperation Framework Agreement (CFA) with the China National Building Material Group Co., Ltd. (CNBM).
Under the partnership, the companies will explore a range of areas for potential collaboration. This includes development of manufacturing facilities in Saudi Arabia to produce wind turbine blades, hydrogen storage tanks, lower-carbon building materials, and energy storage solutions.
Additionally, it will include a potential new center for training, inspection and accreditation, as well as a proposed joint technology development center and laboratory to foster innovation.
Zhou Yuxian Chairman – CNBM
“We attach great importance to strategic cooperation with Aramco. This agreement combines CNBM’s and Aramco’s respective strengths with the goal of win-win cooperation. CNBM is seeking to promote a low-carbon transition through the nonmetallic materials industry. By leveraging our work in low-carbon integrated solutions, CNBM aims to complement Aramco’s efforts to advance the materials transition. This agreement envisages a wide range of cooperation that has potential to positively contribute to low-carbon development, while supporting further strategic alignment between China and the Kingdom of Saudi Arabia.”
Wail Al Jaafari, Aramco EVP of Technical Services, commented that, “We look forward to expanding our efforts with CNBM as we pursue new breakthroughs in materials science that have potential to deliver tangible benefits for the building sector and beyond. From developing solutions that could reduce construction emissions to innovations that enhance product performance, our goal is to help drive the materials transition. By combining Aramco’s expertise in nonmetallic materials and CNBM’s industry know-how, we aim to identify groundbreaking advances and new business opportunities, as well as promote further development of manufacturing capabilities within the Kingdom of Saudi Arabia.”
This agreement extends Aramco’s existing relationship with CNBM and follows the 2021 establishment of the Nonmetallic Excellence and Innovation Center for Building Materials (NEXCEL), in Beijing, by Aramco and the China Building Materials Academy (CBMA), the science and technology branch of CNBM.
