Aramco, KAUST to Form Consortium for Nonmetallics and Composites in Energy Applications

Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. (Reuters)
Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. (Reuters)
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Aramco, KAUST to Form Consortium for Nonmetallics and Composites in Energy Applications

Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. (Reuters)
Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. (Reuters)

The King Abdullah University of Science and Technology (KAUST) has signed an agreement with Aramco to establish a technology consortium focusing on performance and integrity management of nonmetallics and composites in energy applications (ENERCOMP), said KAUST in a statement.

Aramco has joined ENERCOMP as a founding member and first research sponsor to further advance nonmetallic materials in the energy sector.

"The five-year technology consortium represents a significant university-based R&D investment in nonmetallics and composites in the Kingdom, setting an example of bringing a new technology value chain together to strengthen the Kingdom’s position in the energy and materials transitions," said the statement.

The joint investment aims to support the Kingdom’s vision toward sustainability and diversification through the development of less energy-intensive and lower carbon-footprint materials.

Aramco will leverage its experience from relevant initiatives such as the Rice University Carbon Hub in the US and the Nonmetallic Innovation Center (NIC) in the UK to support ENERCOMP in transforming fundamental science into deployable integrity management solutions. This will increase industry confidence in the long-term role that nonmetallics and composites can play as an integral part of the materials transition.

Similar to the NIC model, the initiative will encourage other energy sector players to join the consortium and utilize KAUST’s cutting-edge research capabilities in engineering solutions, AI and material science.

Aramco Senior Vice President of Technology Oversight and Coordination Dr. Ali Al-Meshari said: "Through this collaboration, we aim to create an innovation hub for advanced composites in the Kingdom. By focusing on the development and integration of smart and cost-effective sensors in composite materials and applying emerging AI solutions, we can deploy novel integrity management technologies to the energy industry at large."

Director of ENERCOMP and KAUST Professor of Mechanical Engineering Prof. Gilles Lubineau highlighted the significance of this step, saying that ENERCOMP represents a new era of collaboration between KAUST and energy sector leaders.

The ambitious industry-focused partnership aims to establish a specialized team at KAUST to support engineering applications of nonmetallics and composites throughout the energy value chain. By supporting the Kingdom's nonmetallic and composite agenda, ENERCOMP will deliver innovative solutions crucial for a sustainable future, he added.



Saudi Chemicals Group SABIC Reports Q1 Net Loss of $323 Million

File photo: SABIC accounted for approximately 69% of the sector’s net profits in Q2 2024, with an 85% growth. (SABIC)
File photo: SABIC accounted for approximately 69% of the sector’s net profits in Q2 2024, with an 85% growth. (SABIC)
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Saudi Chemicals Group SABIC Reports Q1 Net Loss of $323 Million

File photo: SABIC accounted for approximately 69% of the sector’s net profits in Q2 2024, with an 85% growth. (SABIC)
File photo: SABIC accounted for approximately 69% of the sector’s net profits in Q2 2024, with an 85% growth. (SABIC)

Saudi chemicals giant SABIC 2010.SE reported a net loss of 1.21 billion Saudi riyals ($323 million) in the first quarter of 2025, compared to a profit of 0.25 billion riyals a year ago.
The company said in February that it planned to cut costs and find new investment opportunities, after reporting worse than expected fourth-quarter results against a sectoral backdrop dominated by margin pressures.
It also reported sales of 34.59 billion riyals in the first quarter of 2025, a 5.8% increase compared to 32.69 billion riyals a year earlier, reported Reuters.
The chemicals industry has been grappling with weak demand and high input costs, leading to lower prices and squeezed margins.