Sabic, MIT to develop feedstock processes

By Frank Esposito
Senior Staff Reporter

Published: April 12, 2013 2:16 pm ET
Updated: April 12, 2013 2:18 pm ET

Related to this story

Topics Materials, Education & Training, Materials Suppliers
Companies & Associations Saudi Basic Industries Corp./Sabic

CAMBRIDGE, MASS. — Saudi Basic Industries Corp. will work with the Massachusetts Institute of Technology on processes that use unconventional feedstocks to meet “important global needs.”

Sabic — the Riyadh, Saudi Arabia-based firm that ranks as a leading maker of polyethylene and ethylene feedstock — announced the agreement in an April 7 news release.

“Along with focusing on the important areas of developing unconventional feedstocks and innovative new material solutions, Sabic will also focus on innovating in multiple parts of the energy equation,” Sabic’s Ernesto Occhiello said in the release. Occhiello serves as the firm’s executive vice president of technology and innovation.

Cambridge, Mass.-based MIT ranks as one of the world’s leading research centers and engineering schools. The institute has produced 17 Nobel Prize winners.


Comments

Sabic, MIT to develop feedstock processes

By Frank Esposito
Senior Staff Reporter

Published: April 12, 2013 2:16 pm ET
Updated: April 12, 2013 2:18 pm ET

Post Your Comments


Back to story


More stories

China launches investments in Belarus

July 21, 2014 10:10 am ET

China is preparing to invest in a major bottle grade PET production project planned by the Belarus PET and polyester fibers producer...    More

Image

Polynt, CCP create composite resins giant

July 18, 2014 10:13 am ET

France's Total SA has agreed to sell CCP Composites to Polynt Group SpA, based in Italy, for an undisclosed price.    More

Image

PET prices climb 2 cents

July 17, 2014 2:22 pm ET

After holding their ground in May, North American PET prices rebounded to show an average increase of 2 cents per pound in June.    More

Image

PolyOne closing 2 plants in Brazil

July 16, 2014 12:40 pm ET

Materials maker PolyOne Corp. is closing two of its four Brazilian plants in order to streamline operations and improve its financial performance in...    More

Image

New carbon fiber resins from AOC

July 16, 2014 9:12 am ET

AOC LLC has entered the thermoset-reinforced carbon fiber market by developing a line of epoxy vinyl esters.    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

More Events