Sabic expands Jubail centre
01 June 2014
Saudi Basic Industries Corporation (Sabic) is expanding its technology centre in Jubail Industrial City in line with its strategy to continue investing in technology and innovation, and create new market opportunities and products to cope with global growth.
The Jubail centre is a part of the company’s global research network of 19 technology and innovation facilities.
The expansion project includes a new building adjacent to the existing centre to be built at a cost of $11 million, and scheduled for commissioning by 2017.
The conceptual development package has been completed and the project is now in the front-end engineering package stage.
Ernesto Occhiello, Sabic executive vice-president, technology and innovation, said that the centre in Jubail has been earmarked for expansion specifically because of its proximity to Sabic’s manufacturing affiliates in the industrial city.
“The project, which is well in line with our 2025 strategy, will be instrumental in driving our research and development efforts, particularly in our chemicals and fertilisers business,” he said.
The new building will have a built-up area of 3,300 sq m on two floors, out of which 1,500 sq m will be allotted for labs. The site’s total occupancy will be increased by 50 per cent to accommodate 450 employees.
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