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).


Interviews View All

Marazban F Velati, Sutlej Textiles & Industries limited

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Asim Dalal, Indo Count Retail Ventures

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Textile industry, Head honchos

Textile industry
Head honchos

RCEP was always going to be a double-edged sword

Ashish M Amin,

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Valter De Carli,

Valter De Carli

Savio Macchine Tessili is at the head of a group that holds a know-how of...

C Dhandayuthapani,

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Karl Zelik, Vanderbilt University

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search