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, Materials Suppliers, Education & Training
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

Image

DuPont investing $100 million for more ethylene copolymer capacity

September 16, 2014 1:51 pm ET

Increased packaging demand is leading materials giant DuPont Co. to spend more than $100 million to increase capacity for ethylene copolymers at its...    More

Image

Latvian plastics recycler Nordic Plast boosts capacity

September 16, 2014 10:15 am ET

Latvian plastics waste recycler Nordic Plast Ltd. has invested more than 2.5 million euros ($3.2 million) to expand capacity and modernize production ...    More

Image

Sabic, Chinese Academy of Sciences sign five-year development agreement

September 15, 2014 11:54 am ET

Ties between one of the world's biggest oil producers and one of its biggest consumers grew tighter Sept. 12 with the announcement of a five-year...    More

Image

BASF analyzes products based on sustainability potential

September 15, 2014 11:48 am ET

Chemicals giant BASF SE has created a new process for managing its product portfolio based on sustainability criteria.    More

Image

China's Zhongtai Chemical calls off large-scale PVC project

September 12, 2014 2:16 pm ET

Accepting the gloomy reality of the PVC market, Xinjiang Zhongtai Chemical Co. Ltd. has officially canceled a 800,000-ton PVC resin project and instea...    More

Market Reports

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

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

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

More Events