Aramco set to deepen ties in nation

Saudi Arabian Oil Co, or Saudi Aramco, unveiled three community basketball courts that were renovated using recycled materials in Beijing recently, with more courts to be delivered in the future to cement its long-standing presence in China.

Cooperating with its chemicals arm, the Saudi Basic Industries Corp (SABIC) and Enlio, Aramco said the project represents its commitment both as a reliable partner in China as well as in deepening its engagement with the nation, a market that has become increasingly critical to its growth.

"Our investments in the conversion of hydrocarbons to essential materials aim to aid in achieving economic and social progress, both in China and around the globe," said Nader Al-Arfaj, Aramco Asia China managing director.

The upgraded courts will provide elasticity, grip and friction comparable to Olympic standards, catering to diverse outdoor competitions and daily training needs. All materials can be fully recycled after many years of use, said Li Yu, chairman of Enlio.

The initiative is part of Aramco's broader engagement with the Chinese Basketball Association, reflecting the company's long-term presence in China, it said.

The renovation project, which utilizes sustainable building practices, is also in line with Aramco's global strategy of integrating innovation and environmental responsibility into its community programs. The company plans to expand efforts to this end by delivering additional courts across China in the coming years.

Aramco's focus on community involvement is part of its broader vision to not only lead in the energy sector, but also contribute positively to the communities in which it operates.

The Beijing court launches are expected to be followed by similar projects in other major cities across China, furthering the company's outreach and reinforcing its position as a leader in both innovation and community engagement, it said.

An analyst said the project aims to showcase the increasingly important role that advanced materials can play in a circular carbon economy.

This move is emblematic of Aramco's push to diversify its presence beyond traditional energy investments and enhance its brand through community-focused, sustainable projects, said Wang Lining, director of the oil market department under the economics and technology research institute of China National Petroleum Corp.

"As the Chinese market shifts toward renewable energy and low-carbon initiatives, Aramco's investment in non-energy sectors, such as sports and education, could help position the company as a multifaceted player in China's evolving landscape."