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Aramco, Honeywell, and KAUST sign joint development agreement to develop technology to advance crude-to-chemicals capabilities

KAUST ·

Aramco, Honeywell, and KAUST have signed a Joint Development Agreement (JDA) to co-develop a next-generation direct Crude-to-Chemicals (CTC) technology. The collaboration aims to develop and scale up the full CTC process, reducing capital and operating costs. The new CTC pathway is designed to convert crude oil directly into light olefins and other high-demand chemicals. Why it matters: This partnership signifies a major push for Saudi Arabia to lead in downstream innovation, aligning with Vision 2030 to diversify the economy and strengthen its position in the petrochemicals industry.

KAUST and Aramco crack one-step Crude-to-Chemicals

KAUST ·

KAUST and Aramco have developed a one-step crude-to-chemicals (C2C) technology that converts crude oil to light olefins in a single-reactor system. The technology, published in Nature Catalysis, aims to maximize the production of materials used in daily life over fuels. Aramco is pursuing growth opportunities in petrochemicals using the C2C method. Why it matters: The C2C breakthrough aligns with Saudi Vision 2030 and could reduce the carbon footprint associated with oil use, creating jobs and supporting a thriving economy.