Brief: Aramco And China National Building Material Group Announce Strategic Collaboration

China National Building Material

24/09/2024 13:08

Sept 24 (Reuters) - SAUDI ARABIAN OIL CO  2222.SE :
    * ARAMCO AND CHINA NATIONAL BUILDING MATERIAL GROUP ANNOUNCE
STRATEGIC COLLABORATION
    * SIGNS A FIVE-YEAR COOPERATION FRAMEWORK AGREEMENT (CFA)
WITH THE
CHINA NATIONAL BUILDING MATERIAL GROUP
    * CFA TO EXPLORE NEW OPPORTUNITIES IN ADVANCED MATERIALS AND
INDUSTRIAL DEVELOPMENT
    * COMPANIES HAVE IDENTIFIED A NUMBER OF AREAS FOR POTENTIAL
COLLABORATION, INCLUDING POSSIBLE ESTABLISHMENT OF MANUFACTURING
FACILITIES IN SAUDI TO PRODUCE WIND TURBINE BLADES, HYDROGEN
STORAGE TANKS, LOWER-CARBON BUILDING MATERIALS, AND ENERGY
STORAGE SOLUTIONS
    * OTHER AREAS OF FOCUS INCLUDE A POTENTIAL NEW CENTER FOR
TRAINING, INSPECTION AND ACCREDITATION, AS WELL AS A PROPOSED
JOINT TECHNOLOGY DEVELOPMENT CENTER AND LABORATORY TO PROMOTE
INNOVATION

Further company coverage:  2223.SE 

 ((Reuters.Briefs@thomsonreuters.com;))