SABIC, Fraunhofer JV light weight construction renewable energy
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SABIC, Fraunhofer JV for light weight construction and renewable energy

5:05 AM, 25th June 2012
SABIC, Fraunhofer JV for light weight construction and renewable energy

SITTARD, THE NETHERLAND: The Saudi Basic Industries Corporation (SABIC) and Fraunhofer-Gesellschaft, a leading German organization for applied research, signed a multiyear agreement in Sittard, the Netherlands, on 22 June 2012 to mutually develop advanced technologies into innovative solutions, meeting global needs and demands in societal areas such as light weight construction and renewable energy.

The strategic agreement between the two companies comprises various research areas. SABIC is especially interested in research cooperation in fields such as light weighting products including polymeric materials and composites, with applications in the automotive and aerospace industry. SABIC also has a strong interest in solar energy technology, which SABIC strongly supports with its innovative products.

“As in the case of SABIC, the work undertaken by their researchers and developers has a significant impact on people’s lives. We have built, and are continuing to build, networks of research alliances with key global partners and innovation leaders to meet our strategic growth ambitions, address customer interest, and meet sustainability needs,” said Dr Ernesto Occhiello, Executive Vice President, Technology and Innovation, SABIC.
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