Home / Knowledge / News / Textiles / SABIC inaugurates new technology center in Shanghai
SABIC inaugurates new technology center in Shanghai
02
Dec '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 Shanghai, China in a ceremony which marks another significant milestone for SABIC in China.

The center, built with an initial investment of US$ 100 million, is one of 17 SABIC global R&D centers of excellence. Also at the ceremony was His Excellency Yahya Al Zaid, Ambassador of Kingdom of Saudi Arabia to China.

The 60,000 sqm state-of-the-art complex houses close to 500 employees including 170 application development and materials technologists.  In addition, it also serves as the new Greater China head office for all Shanghai-based employees including R&D and supporting functions.

“SABIC is a company grounded in developing material solutions and has innovation, ingenuity and collaboration at its core, helping us to achieve a deeper understanding of our customers and their business. SABIC is committed to being an inclusive growth partner in the markets we operate in.” said Mohamed Al-Mady, Vice Chairman and CEO, SABIC.

Innovating for tomorrow’s needs

The new STC in Shanghai will be leading the development for portable consumer electronics, working closely with OEMs across the globe.  It will also focus on developing next-generation innovative technologies and solutions to help our customers address some of the most pressing issues in China and the region across major industry sectors including Construction, Clean Energy, Electrics and Electronics, Medical Devices, Transportation. The overall R&D focus at the STC in Shanghai will be on meeting the needs of our customers in the Greater China and North East Asia.

Ernesto Occhiello, SABIC’s Executive Vice President, Technology and Innovation, said: “We are gathering some of the best and brightest talent from China to shape the future of our R&D efforts. This center hosts a critical mass of professionals and is an indication of SABIC’s commitment to be the preferred technology partner for our China customers as well as the employer of choice for the best talent.” 

SABIC is also continuing to strengthen its technology and innovation leadership in China and the region by deepening its academic partnerships in China. SABIC will sign a new agreement with its partner of almost two years, Dalian Institute of Chemical Physics (DICP), to research and develop advanced processing technologies to produce chemicals from alternative feedstock. 

The project is part of SABIC’s broader strategy of developing next-generation technologies to drive the future of its business and contribute to customers’ success. As part of the agreement, SABIC will be an active participant to the DICP community, deploying scientists or assignment and contributing with funding for academic activities. Furthermore, it will bolster its sponsored research primarily regarding the conversion of fossil feedstock to chemicals.

Saudi Basic Industries Corporation (SABIC).


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Tim Savage from Pexels

Textiles | On 19th Jun 2018

Da Lat begins construction of $50mn wool yarn factory

Da Lat Worsted Spinning Limited Company has begun construction of a...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Madhu Jain
Madhu Jain

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

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search