September 25, 2012
CAMBRIDGE, ENGLAND (Sept. 25, 12:45 p.m. ET) – Saudi Basic Industries (Sabic) has signed a multi-year agreement with the University of Cambridge to develop technologies across a range of disciplines.
The deal will cover chemical engineering and functional materials
The deal, which was signed in the presence of Mohamed Al-Mady, Sabic vice-chairman and CEO, focuses on chemical engineering, biotechnology, energy, functional materials and modeling. The agreement will allow Sabic researchers to work with teams of scientists in the respective joint research areas.
Ernesto Occhiello, executive vice-president, Sabic Technology and Innovation, said: “With this agreement, Sabic has demonstrated its growth commitment through intensified and meaningful cooperation with key partners in research.”
Sabic signed four other research collaboration agreements earlier this year – with the Dalian Institute of Chemical Physics, China, ETH Zurich, Switzerland, National Research Council, Italy and Fraunhofer-Gesellschaft, Germany.