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
Companies & Associations

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

Dow Chemical to merge chlorine operations with Olin

March 27, 2015 12:43 pm ET

Dow Chemical Co. is combining a large part of its chlorine value chain with specialty chemicals and ammunition maker Olin Corp. to create a global...    More

Image

Eastman Chemical expanding Tritan co-polyester capacity

March 27, 2015 10:00 am ET

Eastman Chemical Co.'s Tritan-brand co-polyester business continues to grow, with 35 million pounds of capacity added late last year and a second...    More

Image

PolyOne's Patterson focused on keeping the momentum going

March 27, 2015 9:30 am ET

New PolyOne CEO Robert Patterson sees a lot of good things when he looks at his company, which ranks as North America's largest compounder and...    More

Image

Improvements to Radici's nylon line takes it into more applications

March 27, 2015 9:00 am ET

Radici Group, the Italian-headquartered materials firm, outlined the benefits of its Radilon and Radistrong nylon products at NPE 2015.    More

Sun Plastech, Plastics Color Corp. note major milestones at NPE

March 27, 2015 9:00 am ET

Sun Plastech Inc. and Plastics Color Corp. — two well-known materials firms — are marking anniversaries at NPE 2015.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

More Events