Home / Knowledge / News / Textiles / SABIC inaugurates new technology center in India
SABIC inaugurates new technology center in India
29
Nov '13
Prince Saud bin Abdullah bin Thenayan Al-Saud, Chairman of SABIC and Chairman of the Royal Commission for Jubail & Yanbu, officially opened the company's state-of-the-art SABIC Technology Center (STC) in Bengaluru, India in a ceremony which marks a significant milestone for SABIC in India.

The center, built with an initial investment of US$ 100 million, is one of 17 SABIC global R&D centers of excellence. The STC, with an area of 187,000 sqm, is home to over 300 scientists from India - a critical mass of some of the best and brightest talent from this vibrant country.

In welcoming the state Governor, Government Ministers, state and national government officials to the inaugural event, Prince Saud thanked all for their efforts in helping create a cutting-edge research facility in Bengaluru and said, "We are extremely proud to be here, in a city that is a world-renowned center for technology in India.

"Saudi Arabia and India have a long history of deep relationships. We believe in the future of India - a rapidly developing nation where partnership and inclusive development is a priority. India is an important market for us in Asia, which is why our investment here is significant."

From SABIC's perspective, the key to success here involves partnership and cooperation among governments, scientists and the business sector to promote science, technology and innovation. We are joined by our valued customers and business partners to achieve long term success.

Echoing Prince Saud's comments, Mohamed Al-Mady, Vice Chairman and CEO said, "SABIC as a company grounded in developing material solutions has innovation, ingenuity and collaboration at its core, helping us to achieve a deeper understanding of our customers and their business. This major center in Bengaluru is an integral part of our global R&D strategy.

"In this center the scientists here are carrying out cutting-edge research into new platforms for next-generation materials across industry sectors including Construction, Clean Energy, Electrics and Electronics, Medical Devices, Transportation. Other initiatives include designing greener building materials to reduce environmental footprints and developing eco-friendly products in response to global megatrends and needs."


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search