The Saudi Aramco Oil Co. has given $10 million sponsorship to Rice University’s Carbon Hub which is developed for the purpose of creating sustainable uses of hydrocarbons. Carbon Hub was launched in 2019 and supports a future which consists of clean Hydrogen energy and carbon materials which are created efficiently and sustainably. The collaboration is a five year commitment. Carbon Hub provides guidance and funding to basic level science, engineering and policy research. The products created are used in textile, construction and food industry. Both the big names extended their gratitude regarding the project and said that they are looking forward to the wonderful changes it will bring for the betterment of the society.
