Sabic to open four technology centers

By Satnam Singh
Correspondent

Published: December 17, 2012 6:00 am ET

Related to this story

Topics Materials, Design

MUMBAI, INDIA (Dec. 17, 2:15 p.m. ET) — Saudi Basic Industries Corp. will open four technology centers in 2013, one each in Bangalore, India, and Shanghai; and two in Saudi Arabia.

Ernesto Occhiello, Sabic’s senior vice president, technology & innovation, said the centers will handle application development, strategic business research and corporate research.

Sabic is investing more than $100 million on the Bangalore Technology & Innovation Center, Occhiello said at the Antec conference in Mumbai.

The operation will have a broader scope than plastics.

“The center would focus primarily on diverse areas of research in chemistry, material science, process engineering, analytical and application technology. Its aim is to support business as a strategic center of excellence to cater to global and regional needs,” he said.

The Bangalore center will house more than 250 research scientists and 50 commercial team members.

“India is a rapidly growing market and there is a large and highly skilled talent pool available to Sabic to leverage for the global research center,” Occhiello said. “Sabic has great expertise and experience — with a research center set-up in Baroda, [India], in 2002; we are building up and consolidating into a large set-up at Bangalore.”

The India center is scheduled to open in the first half of 2013.

Riyadh, Saudi Arabia-based Sabic first announced plans for the center at Chinaplas 2011 in Guangzhou, China. Sabic’s research staffs in India and Shanghai had been housed in General Electric facilities, a legacy of when the unit was part of GE.

When it opens, the Shanghai center will house Sabic’s Greater China regional headquarters.


Comments

Sabic to open four technology centers

By Satnam Singh
Correspondent

Published: December 17, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Material Insights: PP production issues, preparing for NPE

January 26, 2015 1:38 pm ET

Production problems in Texas add more complication for polypropylene, Entek has new equipment ready to show compounders at NPE and we take a look...    More

Image

J6 Polymers to buy Stepan unit

January 26, 2015 12:22 pm ET

NORTHFIELD, ILL. — Stepan Co. plans to sell its specialty polyurethanes systems business to J6 Polymers LLC in a cash deal.    More

Image

UK legislators debate fracking

January 26, 2015 12:19 pm ET

LONDON — An influential group of members of Parliament has called for a moratorium to be imposed on fracking for shale gas as politicians...    More

Image

Oxo-biodegradable lobby slams 'scaremongering'

January 26, 2015 12:16 pm ET

Single-use plastic carrier bags made from biodegradable material should be exempted from the government’s proposed 5p-a-bag levy in England,...    More

Image

2014 leaves some resin firms in the black while others struggle

January 23, 2015 2:37 pm ET

On the financial side, 2014 was good for Hexcel Corp., so-so for Celanese Corp. and it could have been better for Omnova Solutions.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events