Saudi Basic Industries Corp. (SABIC) has signed an initial
agreement with the Massachusetts Institute of Technology (MIT) for fields
including unconventional feedstocks, the groups said on
The agreement paves the way for SABIC and MIT to work together
to develop new practical innovation for the companys
solutions and processes in order to meet global needs from
developing unconventional feedstocks to innovating new
material solutions, SABIC said in a statement.
The agreement was signed in Boston by Ernesto Occhiello, SABIC
executive vice president for technology and innovation, and
Professor Klavs F. Jenssen, head of chemical engineering at
This agreement marks a starting point for
collaboration between SABIC and MIT," said
"SABIC will be able to and tap into MITs
multidisciplinary research capabilities to achieve research
excellence," he added. "Along with focusing on the
important areas of developing unconventional feedstock and innovative new
material solutions, SABIC will also focus on innovating in
multiple parts of the energy equation."
This future collaboration will also allow SABIC researchers
to work with world-class teams of scientists at MIT in the
respective joint research areas.
SABIC has similar research relationships with
Cambridge University in the UK, the Dalian Institute of
Chemical Physics in China, ETH Zurich in Switzerland, the
National Research Council in Italy and the
Fraunhofer-Gesellschaft in Germany.