On September 24, 2024, China National Building Materials Group and Saudi Aramco signed a five-year cooperation framework agreement to share opportunities and seek common development in the field of advanced materials and industrial development. Zhou Yuxian, Chairman of China National Building Materials Group, and Amin Nasser, President and CEO of Saudi Aramco, attended the ceremony and witnessed the signing. Assistant General Manager of China National Building Materials Group, Zhi Xiao, and Senior Vice President of Saudi Aramco, Khalid Qatari, signed the agreement on behalf of both parties. Yin Zibo, Chief Operating Officer of China National Building Materials Group and Chairman of Kaisheng Technology, Meng Qinglin, Chairman of China National Materials Energy Conservation, Yin Zhisong, Chairman of China National Materials International, and Cha Jinxiang, General Manager of Strategic Development Department of China National Building Materials Group, attended the signing ceremony.

Both parties have reached consensus on several potential areas of cooperation, such as plans to establish a production base in Saudi Arabia to produce advanced non-metallic materials, low-carbon building materials, and develop energy storage solutions. In addition, both parties will establish a new training, inspection, and certification center, and plan to jointly build a joint technology research and development center and laboratory to promote technological innovation.

Zhou Yuxian, Chairman of China National Building Materials Group, said that this cooperation is conducive to leveraging China National Building Materials' advantages in low-carbon overall solutions in the field of non-metallic materials, and helping Saudi Aramco transform and develop. The cooperation agreement also looks forward to the broad prospects of cooperation between the two sides, jointly making positive contributions to green and low-carbon development, and further promoting friendly relations between China and Saudi Arabia.

Will Jafari, Executive Vice President of Technical Services at Saudi Aramco, stated that Saudi Aramco is eager to deepen cooperation with China National Building Materials Group and achieve significant breakthroughs in materials science, which are expected to bring tangible benefits to the construction industry and other related industries. Both parties will be committed to developing technological solutions to reduce carbon emissions in the construction industry, as well as innovative technologies to improve product quality and performance, and promote the transformation and upgrading of the materials field. Keywords: the Belt and Road news, the Belt and Road project, overseas project.

This cooperation framework agreement is based on the existing mutually beneficial cooperation relationship between the two parties, and is another cooperation after the establishment of the Non Metallic Building Materials Excellence Innovation Center by China National Building Materials Institute, a subsidiary of China National Building Materials Group, and Saudi Aramco in 2021. (This article is from the official website of Jian Dao: www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website mechanical column editor/Zhou Yingwen