SABIC Sign Research Agreement With MIT

Sabic in research collaboration with MIT

7:48 AM, 10th April 2013
SABIC Research Agreement

 

RIYADH, SAUDI ARABIA: The Saudi Basic Industries Corporation (SABIC) has signed an initial agreement with Massachusetts Institute of Technology (MIT) in the United States, a world leader in scientific research. The agreement paves the way for SABIC and MIT to work together to develop new practical innovation for the company’s solutions and processes in order to meet  important global needs from developing unconventional feedstock to innovating new material solutions for challenging applications.

“This agreement marks a starting point for collaboration between SABIC and MIT. SABIC will be able to and tap into MIT’s multidisciplinary research capabilities to achieve research excellence. Along with focusing on the important areas of developing unconventional feedstock and innovative new material solutions, SABIC will also focus on innovating in multiple parts of the energy equation,” said Ernesto Occhiello, Executive Vice President, Technology & Innovation, SABIC.

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