Riyadh -- Saudi Basic Industries Corp. (Sabic) and German research insititute Fraunhofer-Gesellschaft, signed a multiyear agreement in Sittard, the Netherlands, 22 June, under which they will work on technologies for lightweight construction and renewable energy.
The agreement was signed by Dr Ernesto Occhiello, Sabic executive vice president, Technology and Innovation, and Prof Ulrich Buller, Senior Vice President Research Planning, Fraunhofer-Gesellschaft.
The two groups will carry out cooperative research in lightweighting, looking at polymeric materials and composites, with applications in the automotive and aerospace industry. Sabic also has a strong interest in solar energy technology.
Commenting on the agreement, Dr Ernesto Occhiello, Sabic executive vice president, Technology and Innovation said, "We are proud to partner with Fraunhofer, reputed to be Europe's largest application-oriented research organisation."