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09-28-2012

Sabic: Research Agreement with German Research Organization

The Saudi Basic Industries Corporation (Sabic), Sittard, Netherlands and Fraunhofer-Gesellschaft, a leading German organization for applied research, signed a multiyear agreement in Sittard 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 it strongly supports with its products.

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