Saudi Basic Industries Corporation (SABIC) has signed a deal with King Abdullah University of Science and Technology (KAUST) to build a research centre on campus that should begin operations in 2012.
The agreement stipulates that the government-owned manufacturing giant will provide construction funding for the SABIC Research and Innovation Center, as well as support for research on the industrial and academic projects to be undertaken there.
The new centre will employ between 100 and 150 scientists on research and technology projects, especially in the areas of catalysis, composites and membranes. When completed, it will join two other technical centres now being developed in Shanghai and Bangalore as part of a global network numbering sixteen research centres.
The agreement was signed on behalf of SABIC by Dr Abdulrahman bin Saleh Al-Ubaid, executive vice president, Technology and Innovation, and on behalf of KAUST by Dr Mohamed Samaha, senior vice president for Economic & Technology Development.For all the latest tech news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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