Aramco Inaugurates First Saudi Fiberglass Facility

A Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia. (Reuters)
A Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia. (Reuters)
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Aramco Inaugurates First Saudi Fiberglass Facility

A Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia. (Reuters)
A Saudi Aramco logo is pictured at the oil facility in Khurais, Saudi Arabia. (Reuters)

Saudi Aramco inaugurated the first fiberglass rebar plant in the Kingdom, which is expected to localize the industry and reduce steel rebar consumption, as a sustainable new corrosion-free material that could help achieve carbon neutrality targets.

Aramco’s senior vice president of technical services, Ahmad al-Saadi inaugurated the plant following a deal signed in 2019 by New Zealand’s Pultron Composites and its partner Isam Khairy Kabbani Group (IKK).

According to a statement, the facility’s launch is part of Saudi Arabia’s efforts to attract and localize the rebar industry. It is also in line with the efforts to achieve Vision 2030.

Saadi explained that Aramco has been developing and deploying non-metallic solutions within its operations for more than 20 years, noting that the use of non-metallic, advanced polymer materials has significant potential in multiple sectors.

“Moreover, technologies such as GFRP rebar, which mitigate corrosion and minimize life cycle cost, have potential to be the real game-changers for the building and construction sector in particular.”

IKK Group chairman Hassan al-Kabbani said: “We are introducing a revolutionary new technology that will start to replace the iconic construction material that has been around for over a century now.”

Meanwhile, the Saudi Basic Industries Corporation (SABIC) signed an agreement for rail container transportation services with Saudi Railways (SAR).

The agreement was signed in the presence of the Minister of Transport and Logistics Services, Saleh al-Jasser, SABIC Chairman Khalid al-Dabbagh, and SAR CEO Bashar al-Malik.

SABIC CEO Yousef al-Benyan confirmed that the project is part of the company’s contribution to achieving Vision 2030 by providing safe, reliable, fast, and environmentally compatible transportation solutions to serve local industries.

Under the agreement, SAR will transport SABIC’s polymer products by rail from the logistics facility in the port to the delivery point of the port of Dammam, and the point of delivery of empty containers to the logistics facility in the port.

SABIC’s global supply chain is cooperating with SAR to maximize the benefit of this agreement, including the increase in the internal rate of return, cost savings, enhanced operational added value, and meeting sustainability requirements, including fuel savings by 70 percent which will reduce carbon dioxide emissions.



China Eyes Electric Vehicle Manufacturing Opportunities in Saudi Arabia

Chinese ambassador to Saudi Arabia (Asharq Al-Awsat)
Chinese ambassador to Saudi Arabia (Asharq Al-Awsat)
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China Eyes Electric Vehicle Manufacturing Opportunities in Saudi Arabia

Chinese ambassador to Saudi Arabia (Asharq Al-Awsat)
Chinese ambassador to Saudi Arabia (Asharq Al-Awsat)

China’s ambassador to Saudi Arabia, Chang Hua, expressed Beijing’s hopes to strengthen its partnership with the kingdom, especially in electric vehicle production and other industries.
Speaking to Asharq Al-Awsat, Hua condemned violations of Lebanon’s sovereignty and the targeting of civilians.
He called for immediate action to reduce tensions and prevent further escalation in the region.
“China is deeply shocked by the high civilian casualties from the conflict between Israel and Lebanon,” Hua said, urging the international community to work on calming the situation.
He emphasized that, no matter how things unfold, “China will always stand for justice and remain committed to peace and stability in the Middle East. We are ready to work with all parties to promote peace in the region.”
China’s Economic Growth
Hua highlighted China’s rise from a $30 billion economy to a $17.8 trillion one, making it the world’s second-largest economy and a leader in trade and industry.
He reiterated China’s goal to maintain high-level openness, push for high-quality economic development, and promote a multipolar world with fair global governance and inclusive economic globalization.
Saudi-China Relations
Hua described the partnership between Saudi Arabia and China as entering a new phase of deep development, congratulating Saudi Arabia on its 94th National Day.
He noted that Chinese Premier Li Qiang’s recent visit to Saudi Arabia has boosted bilateral relations and strengthened the comprehensive strategic partnership, driving it towards a more stable and prosperous future.
The ambassador stressed the need to expand trade and investment between the two countries and highlighted the upcoming “Saudi-Chinese Cultural Year 2025” as a key event.
Hua also pointed out that Saudi Crown Prince Mohammed bin Salman values the strong and historic relationship between the two nations.
The Crown Prince looks forward to further aligning Saudi Vision 2030 with China’s Belt and Road Initiative, expanding cooperation in energy, investment, and culture.
Hua noted that China is Saudi Arabia’s largest trading partner, with bilateral trade exceeding $100 billion in the past two years. He also mentioned the recent currency swap agreement between the two countries, which has helped boost trade and investment.
New Developments in Saudi-China Relations
According to Hua, the cooperation between the two nations has grown significantly, particularly in the automotive, renewable energy, and tourism sectors.
In 2023, Saudi imports of Chinese cars reached $4.12 billion, driven by companies like Changan, Geely, MG, Chery, Great Wall, Hongqi, GAC, and BYD, which have opened branches in the kingdom.
Discussions are ongoing about building local manufacturing plants. China exported 4.91 million vehicles in 2023, making it the largest car exporter globally for the first time, including 1.203 million electric vehicles, a 77.6% increase from the previous year.
Hua noted that Saudi Vision 2030 aims for electric vehicles to account for at least 30% of all cars in Riyadh by 2030, and he expressed optimism about enhancing collaboration in automotive manufacturing.
Chinese companies are also increasingly involved in Saudi Arabia’s renewable energy sector. They are working on multiple solar projects, including the Al Shuaibah photovoltaic plant, the largest of its kind in the world, with a capacity of 2.6 gigawatts.
In July 2023, the Renewable Energy Localization Company (RELC), backed by the Saudi Public Investment Fund, signed agreements with three Chinese firms—Envision Technology Group, Jinko Solar, and TCL Zhonghuan—to establish joint ventures for high-efficiency solar cell production in Saudi Arabia.
These projects will focus on producing solar components, helping Saudi Arabia achieve its goal of sourcing 75% of renewable energy project components locally by 2030.
Hua also highlighted the increasing exchange of visits between citizens of both countries. In September 2023, China and Saudi Arabia signed a memorandum of understanding to facilitate group tourism, making the kingdom an official destination for Chinese tour groups.
Several Chinese travel agencies have begun offering packages to Saudi Arabia, and direct flights between the two countries are increasing. Saudi Airlines has expanded its routes, operating numerous weekly flights between Beijing, Shanghai, Shenzhen, Riyadh, and Jeddah.