Sabic opens Saudi Arabia research facility

EUROPEAN PLASTICS NEWS

Published: December 23, 2013 9:35 am ET
Updated: December 23, 2013 9:36 am ET

Related to this story

Topics Materials, Materials Suppliers

Saudi Basic Industries Corp.’s Plastics Application Development Center (SPADC) at the Riyadh Techno Valley, King Saud University, Saudi Arabia, was inaugurated by Riyadh Governor Prince Khaled bin Bandar bin Abdulaziz on Dec. 19.

Initiated by Saudi Arabia’s Ministry of Petroleum and Mineral Resources with strong support from King Saud University, the new center was funded by the government to encourage petrochemical research in the kingdom.

SPADC is the newest of Sabic’s research center, following recent launches of research facilities in China and India.

Mohamed Al-Mady, Sabic Vice Chairman and CEO, said, “The new center is yet another important step for Sabic to evolve further as an innovation-driven company, besides being an important driver of economic growth within Saudi Arabia’s efforts to become a knowledge-based economy. SPADC’s role will be to introduce innovative plastics solutions to Saudi Arabia’s entrepreneurs, delivering new applications for businesses.

“Our plans call for further strengthening our innovation footprint. We have just set up a new research facility at the King Abdullah University of Science and Technology; and we now have about 2,000 researchers worldwide, with the number growing rapidly. These facilities are focused on developing innovation strategies that will help the company deliver strong business results.”

The center will house over 200 Sabic scientists, engineers and technicians working in close research and development collaborations with customers, academia and industrial research communities, within Sabic’s Technology & Innovation global network.


Comments

Sabic opens Saudi Arabia research facility

EUROPEAN PLASTICS NEWS

Published: December 23, 2013 9:35 am ET
Updated: December 23, 2013 9:36 am ET

Post Your Comments


Back to story


More stories

Image

China's Shide Group, BASF unveil 'revolutionary' all-plastic window profile

April 23, 2014 9:10 pm ET

SHANGHAI — The PVC window profile market in Asia is expected to increase four-fold by 2025, and Chinese building products maker Dalian Shide...    More

Worker dies in fall at Formosa Texas plant

April 23, 2014 4:04 pm ET

A subcontractor died April 22 after falling 25 feet during routine cleaning operations at a Formosa Plastics Corp. USA facility in Point Comfort,...    More

Image

Milliken expanding SC plant for additional PP clarifying agent capacity

April 23, 2014 3:42 pm ET

American chemical company Milliken & Co. has announced plans for a major expansion in capacity for its Millad NX8000 clarifying agent for...    More

Clariant says Asia holds the key to growth

April 23, 2014 3:52 pm ET

Clariant AG is based in Switzerland, but its eyes are firmly focused further east.    More

Sale of Romanian PVC producer Oltchim assets postponed again

April 23, 2014 1:35 pm ET

The long anticipated privatization of insolvent Romanian PVC producer Oltchim has been postponed yet again, this time until mid-May.    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

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

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events