By Satnam Singh, Plastics News Correspondent
Mumbai -- Saudi Basic Industries Corp. (Sabic) will open four technology centres in 2013, one each in Bangalore, India, and Shanghai; and two in Saudi Arabia.
Ernesto Occhiello, Sabic's senior vice president, technology & innovation, said the centres will handle application development, strategic business research and corporate research.
Sabic is investing more than $100 million on the Bangalore Technology & Innovation Center, Occhiello said at the Antec conference in Mumbai.
"The centre would focus primarily on diverse areas of research in chemistry, material science, process engineering, analytical and application technology. Its aim is to support business as a strategic center of excellence to cater to global and regional needs," he said.
The Bangalore center will house more than 250 research scientists and 50 commercial team members. It is scheduled to open in the first half of 2013.
Chemical company Sabic's portfolio includes polyurethane feedstocks.
The full version of this story appears on our sister publication Plastics News