SABIC signs 4 agreements with KAUST

Saudi Basic Industries Corporation (SABIC) signed four agreements with King Abdullah University of Science and Technology (KAUST) at the University campus in Thuwal. These agreements advance the technology and innovation strategy pursued by SABIC as well as enhance the comprehensive cooperation program sponsored by KAUST. SABIC's support of KAUST research, education and innovation is aimed at addressing significant challenges in water, food, energy and the environment. The first agreement is for the construction of a SABIC Research and Innovation Center at KAUST, at a cost of $150 million, as the first stage. The second agreement concerns the financing of a Polymer Catalysis Research Chair for 5 years to be disbursed at the rate of $1 million per year, while the third agreement is for supporting postdoctoral fellowships,. The fourth agreement organises the joint research work between the two sides on all matters related to the management of research projects and associated intellectual property rights. www.sabic.comKids Running Shoes