02 December 2013 10:51 [Source: ICIS news]
SINGAPORE (ICIS)--SABIC inaugurated its new technical centre in Shanghai, China on Monday, the Saudi Arabian petrochemical giant said.
The 60,000 square-metre centre will house 500 staff, and will serve as the new Greater China head office for all of SABIC’s Shanghai-based employees.
Initial investment in the complex stood at $100m (€74m), SABIC said, adding that the Shanghai centre enhances the company’s research and development footprint in Asia.
($1 = €0.74)
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