[CNBM signed a cooperation framework agreement with Saudi Aramco] On September 24, 2024, in the eastern Saudi city of Dhahran, China National Building Materials Group and Saudi Aramco, the national oil company of Saudi Arabia, successfully signed a cooperation framework agreement. This cooperation aims to jointly explore new opportunities for the development of advanced materials and industries, and promote in-depth cooperation between the two parties in multiple fields. The two companies plan to set up a production base in Saudi Arabia to focus on the production of advanced non-metallic materials and low-carbon building materials, as well as to develop innovative energy storage solutions. In addition, the two parties will jointly establish a training, inspection and certification center, as well as a joint technology research and development center and laboratory, to lead the future development with technological innovation. This cooperation marks an important step in the in-depth cooperation between Chinese and Saudi Arabian enterprises in the field of materials science. Editor/Jiang Mingyue
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