Saudi chemical giant SABIC bets big on India to create future tech products

In March this year Saudi Aramco, the world's biggest oil company, agreed to buy a 70 per cent stake in SABIC

Saudi Basic Industries Corp (SABIC), the world’s third-largest chemical company, is betting big on India for research and development and future technology products. Special lightweight thermoplastic materials which are tougher than metal and used to protect electric vehicle batteries, replace heavy metallic structures in automobiles and make ophthalmic lenses and cell phones, are some of the innovations developed by the scientists and engineers at the SABIC Technology Centre in Bengaluru (STC-B).

“SABIC in India is for India and for the world. SABIC Technology Centre in Bengaluru is equipped with some of the most advanced technological systems to drive end to