Dow to set up R&D centre at Saudi university

29 September 2009 18:36  [Source: ICIS news]

TORONTO (ICIS news)--Dow Chemical plans to set up a research and development (R&D) centre at Saudi Arabia’s King Abdullah University of Science and Technology (KAUST), it said on Tuesday.

The centre would initially focus on water and water treatment technologies after becoming operational in late 2010.

Later, the Dow Middle East R&D Center at KAUST would expand its work to include oil and gas, processes research and development, and infrastructure materials, it said.

The move came on the back of Dow’s investments in Saudi Arabia and other high-growth economies, it said.

Dow’s investment plans in Saudi Arabia include an 8m tonne/year petrochemicals joint venture with Saudi Aramco, described as the world’s largest grassroots plastics and chemicals production complex to be developed at one time.

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By: Stefan Baumgarten
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