The world is facing tremendous challenges in meeting the dual requirements of providing energy to a growing population while mitigating the effects of carbon emissions. Key to solving this dilemma is the adoption of new technologies and innovative processes driven by new ways of thinking that often come from outside the industry.
The need to tackle climate change and reduce pollution has never been more important. Much recent focus has been on road vehicles but, with around 90 percent of the world's trade in goods transported by ships, it's increasingly evident that tackling maritime emissions is essential, particularly in international waters where no single country has jurisdiction.
Agreement aligned with company’s strategy to play a leading role in accelerating the deployment of the nonmetallic materials business globally, producing non-metallic materials in the Kingdom would unlock opportunities for local manufacturers and facilitate knowledge transfer.