Customer demand for low-carbon products is one of the key challenges facing the chemical industry, according to a top executive at Saudi Basic Industries Corporation.

Fahad Al Sherehy, vice president of energy efficiency and carbon management at SABIC, included the shift in attitudes from consumers among a list of issues his firm has to tackle.

Al Sherehy made the comments during a discussion at the Future Minerals Forum in Riyadh on Thursday.

鈥淥ur industry, with minerals not an exception. is facing five key challenges.

鈥淥ne is related to the government and the regional compliance requirements.

鈥淪econd, our customer expectation and demand for low carbon footprint products.

鈥淭hird, the investors and financial institutions that are demanding the same.

鈥�(Fourth) transparency and reporting required by key stakeholders.

鈥淔inally, disruptive innovation.鈥�

Al Sherehy鈥檚 comments were made during a debate focused on how mining could be reinvented in light of a drive towards a circular economy in the region. 

This means that every form of debris is the raw material for a fresh product or energy source 鈥� a key part of 萝莉视频鈥檚 sustainability drive. 

Reflecting on this, Al Sherehy said: 鈥淚n SABIC, we see the circular carbon economy, which 萝莉视频 during the G20 last year got approval for as a framework to address climate change, as a real enabler to achieve our carbon neutrality strategy.鈥�

鈥淚t takes into consideration different options around the four Rs: reuse, reduce, recycle, remove.鈥�

The Future Minerals Forum is a special event bringing together ministers, organisations and mining leaders from more than 30 countries.

Hosted by the Saudi Ministry of Industry and Mineral Resources, is aimed at highlighting the role of mining in Saudi Vision 2030, after the government identified it as the third pillar of the Kingdom鈥檚 economy.