Saudi Basic Industries Corporation (SABIC) is seeking expansion of its technology arm outside Middle East with new technology centers in Bangalore India and Shanghai China. The company is looking to invest more on innovations, new chemicals and in the area of sustainability development with the help of around 500 professionals in various areas. The new centers are targeted to be opened in 2013 close to year end focusing on new technologies and strategic business research.
SABIC has been proclaimed as on of the world's leading petrochemical companies due to recent acquisitions and agressive build-up model and expansion attitude surpassing many of other established multinational petrochemical companies.
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