Saudi Basic Industries Corp. (SABIC) will launch four new
technology and innovation facilities in 2013, with two in
Saudi Arabia and one each in India and China, the company said on
This brings the total number of the
company's research facilities around the world to
The four new centers represent a strategic investment of
around $500 million 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, according to
Mohamed Al-Mady, chief executive of SABIC, 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, he said.
The two centers 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)
Ernesto Occhiello, SABIC executive vice president
for technology and innovation, said 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
The SPADC, set to open in the second quarter of the year, aims
to develop new applications and products that support
SABICs business growth. Located adjacent to the Saudi
Arabias largest university, King Saud University, it will
enable SABIC to build closer links between academia and the
industrial research community, Occhiello said.
The center will enable Saudi Arabia to enter advanced
industrial fields, and support the National Industrial Clusters
Development Program to develop industries such as packaging,
automotive and machinery. It will help develop new plastics
applications and extend technical support to local and
international customers in various fields, including polymers,
elastomers and specialty products.
These new centers in Saudi Arabia are already
creating around 150 professional jobs, and are a part of our
plans to significantly boost research and technology in Saudi
Arabia, Occhiello said.
Meanwhile, the Bangalore research center is scheduled to
open in the second quarter of 2013. It will deal with
application development, strategic business research and
corporate research and will focus primarily on research in
chemistry, material science, process engineering, analytical
and application technology.
Its goal is to support business as a strategic center
of excellence to cater to global and regional needs, according
to company officials.
Finally, the center in Shanghai will open in the third
quarter of 2013. It will deal with application development,
strategic business research and corporate research. It will
focus on fundamental and applied research.
The Bangalore and Shanghai centers, which will host
around 500 professionals, are an indication of SABICs
commitment to be the technology partner of choice for
Asian partners as well as the employer of choice for the best
talent from the region, Occhiello said.