SABIC set to open 4 new technology centres this year

Saudi Basic Industries Corporation will launch four new state-of-the-art technology and innovation facilities in 2013, two in Saudi Arabia and one each in India and China, bringing the total number of its research facilities around the world to 18.  

The four new centres represent a strategic investment of around half a billion US dollars to continuously improve technology, applications and solutions and meet the needs of an increasingly sophisticated marketplace, as well as address a wide variety of sustainability issues.   

Mohamed Al-Mady, SABIC Vice Chairman and CEO, said that by continuing to invest in technology and innovation, SABIC is driving ingenuity forward to meet specific needs of customers as well as society. “These four new facilities will further empower our global technology and innovation centers to build on their innovative systems to develop new technologies, improve manufacturing processes, and contribute to a sustainable environment for our communities.”

The two centres in Saudi Arabia are the Corporate Research & Innovation Center (CRI) at King Abdullah University of Science and Technology (KAUST) in Thuwal, near Jeddah, and the other, the SABIC Plastic Applications Development Center (SPADC) in Riyadh Techno Valley at King Saud University (KSU) in Riyadh.

Ernesto Occhiello, SABIC Executive Vice President, Technology and Innovation, explained that the CRI, scheduled for an April opening, “will seek to exchange experience and knowledge between the researchers at SABIC and KAUST, opening access to new technical competencies, blending academia with industry, tapping into new inventions made by academia, sourcing top talent and fresh ideas, and developing a community of excellence in upstream research.”

The SPADC, which is set to open in the second quarter of the year, aims to develop new applications and products that support SABIC’s business growth. Located adjacent to the Saudi Arabia’s largest university, King Saud University, it will enable SABIC to build closer links between academia and the industrial research community, Occhiello said.

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