Home / Knowledge / News / Textiles / Riyadh Governor opens SABIC's research facility
Riyadh Governor opens SABIC's research facility
20
Dec '13
Riyadh Governor Prince Khaled bin Bandar bin Abdulaziz inaugurated the SABIC Plastics Application Development Center (SPADC) at the Riyadh Techno Valley, King Saud University.

Speaking at the inaugural ceremony, Prince Saud bin Abdullah bin Thenayan Al-Saud, Chairman of SABIC and the Royal Commission of Jubail and Yanbu, welcomed the Riyadh Governor and thanked him for his patronage of the event and his wholehearted support to several other similar events in various parts of Riyadh Province.

Initiated by the Ministry of Petroleum and Mineral Resources with strong support from King Saud University, the new center was only made possible with the backing of the government and its determination to make Saudi Arabia a world leader in petrochemical research, he said.

SPADC, which aims at fulfilling the needs of customers and collaborating with them to create dependable technical solutions, is the newest among SABIC’s research centers. It comes close on the heels of the recent launch of two research facilities in China and India.

Addressing the gathering, Prince Faisal bin Turki bin Abdulaziz, Advisor at the Ministry of Petroleum and Mineral Resources, commented on the important role this research facility provides for Saudi Arabia’s downstream development and for the Kingdom’s overall energy value chain – adding value to its hydrocarbon resources and further diversification of its economy.

He hoped this center would be an addition to SABIC’s research and development investments in KSU, and hoped that Saudi universities would be the targets of research and development investments and programs undertaking by Saudi and international companies, and that all would work sincerely towards this end for the benefit of the kingdom and its economy and the competency of its academic institutions and companies.

In his address, Mohamed Al-Mady, SABIC Vice Chairman and CEO, said, “The new center is yet another important step for SABIC to evolve further as an innovation-driven company, besides being an important driver of economic growth within Saudi Arabia’s efforts to become a knowledge-based economy. SPADC’s role will be to introduce innovative plastics solutions to Saudi Arabia’s entrepreneurs, delivering new applications for businesses.”

Al-Mady added, “Our plans call for further strengthening our innovation footprint. We have just set up a new research facility at the King Abdullah University of Science and Technology; and we now have about 2,000 researchers worldwide, with the number growing rapidly. These facilities are focussed on developing innovation strategies that will help the company deliver strong business results.”

The opening of this world-class facility, after the recent launch of two research facilities in China and India by the SABIC Chairman, confirms SABIC as the leading driver of innovation in the Middle East, and establishes SABIC as a strategic partner for industry.

The center covers an area of 42,000 square meter, and was built at a cost of SR 472 million. It will house over 200 SABIC scientists, engineers and technicians working in close research and development collaborations with customers, academia and industrial research communities, within SABIC’s Technology & Innovation global network.

SABIC has been growing to have one of the highest number of patents per researcher in the top chemical companies.

SPADC will be augmented over time by the establishment of a Home of Innovation which will provide a meeting ground between specifiers, customers and businessmen for growing new opportunities, in areas such as construction materials and consumer goods.

Saudi Basic Industries Corporation (SABIC).


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts 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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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