No domestic carbon cost — but every tonne of steel, aluminium or fertilizer exported to the EU pays full CBAM with no free allocation.
No carbon price (voluntary GCOM credit market only). Vision 2030 industrial push.
If this CO2 were embedded in EU-bound exports, the CBAM certificate bill at €75.36/t would be:
| Facility | Sector | t CO2/yr (est. 2023) | Gross value (full) |
|---|---|---|---|
| SABIC Hadeed Al Jubail steel plant | 3,619,273 | €272.7M | |
| Al Nabah Cement Plant | 3,461,521 | €260.9M | |
| Arabian Petrochemical Co. (Petrokemya South), Al Jubail, | 3,074,886 | €231.7M | |
| Ahad Al Masarihah Cement Plant | 2,787,252 | €210.0M | |
| Al Ardiyat Cement Plant | 2,744,703 | €206.8M |
Gross value = all tracked CO2 × the carbon price; it is a ranking aid, not a liability. Emissions: Climate TRACE satellite estimates (2023) — indicative, not verified declarations. CBAM falls only on emissions embedded in EU-bound exports, at the phased-in share (2.5% in 2026 → 100% by 2034). More: IndustryAtlas.
Cut the bill at the source: heat-loss elimination via removable insulation typically saves 2–5% of fuel-related CO2 with <2-year payback — run the savings study or read the industrial insulation guide.
Share of embedded emissions in your EU-bound exports that must be covered by CBAM certificates — same official schedule, applied at the border. Source: Regulation (EU) 2023/956.