Saudi SWCC, Japanese Shinshu University to explore new desalination technologies

As part of the deal, both parties will work together to develop reverse osmosis technologies for seawater and other related processes in order to expel salts from washing processes for osmosis technologies. (Shutterstock)
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Updated 19 July 2023
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Saudi SWCC, Japanese Shinshu University to explore new desalination technologies

RIYADH: Saudi Arabia and Japan have signed a deal to extend cooperation in the area of seawater desalination as both countries aim to explore new technologies to produce water using environmentally friendly renewable energy.   

The Saline Water Conversion Corp., a Saudi governmental institution responsible for seawater desalination and delivery, signed a memorandum of understanding with the Japanese Shinshu University to propel the growth in the sector, the Saudi Press Agency reported. 

As part of the deal, both parties will work together to develop reverse osmosis technologies for seawater and other related processes in order to expel salts from washing processes for osmosis technologies. 

In addition to this, they will also cooperate in developing innovative top-notch technologies such as zero-liquid discharge, micro membranes, and seawater mining technologies. 

Moreover, the two sides will also join forces in using advanced and innovative environmentally friendly green energy for water applications and any other field agreed upon by both parties. 

The signing of the MoU was attended by Minister of Investment Khalid Al-Falih as well as Japan’s Ambassador to the Kingdom Fumio Iwai, along with several officials from both sides. 

SWCC recently announced that it achieved a milestone in water security by increasing its water production capacity to 11.5 million cubic meters a day, making it the world’s largest producer of desalinated water.  

According to its second annual sustainability report released last week, the state-run institution accomplished this feat in line with its goal of reducing carbon emissions by 37 tons by the end of 2025.  

“We are proud of our contribution to the Saudi Green Initiative as we achieved high-performance levels while managing our costs, energy consumption and carbon emissions appropriately,” said SWCC Gov. Abdullah Ibrahim Al-Abdulkarim in the foreword of the sustainability report.  

The report also shed light on the innovative solutions, methods, and approaches the company pursued to achieve its established strategy, especially aspects related to governance structure, communication with stakeholders and environmental, economic and social sustainability.  

SWCC currently runs 30 desalination plants with a production capacity of around 7.5 million cubic meters per day and 139 purification stations with a total of about 4 million m3 per day, supported by a team of over 9,000 employees. 


Closing Bell: Saudi main index closes in red at 10,847

Updated 25 February 2026
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Closing Bell: Saudi main index closes in red at 10,847

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 58.51 points, or 0.54 percent, to close at 10,847.93.

The total trading turnover of the benchmark index was SR3.78 billion ($1 billion), as 73 of the listed stocks advanced, while 187 retreated.

The MSCI Tadawul Index decreased, down 7.09 points or 0.48 percent, to close at 1,472.98.

The Kingdom’s parallel market Nomu lost 178.75 points, or 0.77 percent, to close at 22,916.83. This comes as 30 of the listed stocks advanced, while 37 retreated.

The best-performing stock was the Power and Water Utility Co. for Jubail and Yanbu, with its share price surging by 8.47 percent to SR31.24.

Other top performers included Saudi Paper Manufacturing Co., which saw its share price rise by 6.13 percent to SR53.70, and Jamjoom Pharmaceuticals Factory Co., which saw a 4.58 percent increase to SR137.

On the downside, the worst performer of the day was CHUBB Arabia Cooperative Insurance Co., whose share price fell by 5.14 percent to SR17.53.

Saudi Kayan Petrochemical Co. and Arabian Internet and Communications Services Co. also saw declines, with their shares dropping by 4.87 percent and 4.43 percent to SR4.88 and SR181.40, respectively.

On the announcement front, Saudi Kayan Petrochemical Co. announced its annual financial results for 2025, with sales dropping 3.06 percent year-on-year to SR8.45 billion. The company also recorded a net loss of SR893.86 million.

In a Tadawul statement, the company said the net loss and decline in annual sales were driven by a drop in average selling prices, despite higher sales volumes.