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Sabic passes patent milestone to become Mideast's largest owner of intellectual property

1:58 AM MDT | June 11, 2014 | Natasha Alperowicz

Sabic has become the largest owner of intellectual property in the Middle East as it passed the milestone of more than 10,000 patents either issued or pending approval, the company said today. Sabic has also significantly increased the rate at which it obtains patents with 2013 seeing a record of 373 patent applications filed by the company, a rise of more than 300% compared with 2010. In the first three months of this year the company filed 159 new patent applications.     On average, Sabic files a new patent application every 18 hours, each based on...

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