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Sabic to boost innovation with four technology centers costing $500 million

4:34 AM MST | January 27, 2013 | Natasha Alperowicz

Sabic plans to launch four new technology and innovation facilities in 2013, two in Saudi Arabia and one each in India and China, bringing the total number of its research facilities to 18, the company announced today. The previously announced centers represent an investment of about $500 million to continuously improve technology, applications and solutions and meet the needs of an increasingly sophisticated marketplace, as well as address a wide variety of sustainability issues, the company says.     “These four new facilities will further...

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