28 January 2013 02:30 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi Basic Industries Corporation (SABIC) will launch four new technology and innovation facilities in 2013, one each in India and China as well as two in Saudi Arabia, the chemicals major said over the weekend.
The two centres in Saudi Arabia are the Corporate Research & Innovation Center (CRI) at King Abdullah University of Science and Technology (KAUST) in Thuwal and the SABIC Plastic Applications Development Center (SPADC) at King Saud University (KSU) in Riyadh, the company said on Sunday in a statement.
The SPADC is set to open in the second quarter of this year and is aimed at developing new products and applications.
SABIC’s new research facility in Bangalore, India, is scheduled to open in the second quarter of this year.
The facility “will deal with application development, strategic business research and corporate research and will focus primarily on diverse areas of research in chemistry, material science, process engineering, analytical and application technology”.
Meanwhile, SABIC’s new facility in Shanghai will open in the third quarter of 2013 and will deal with “application development, strategic business research and corporate research”.
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