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

Technology news: Saudi Basic Industries Corp (SABIC), the world’s third-biggest compound organization, is wagering enthusiastic about India for innovative work and future innovation items. Exceptional lightweight thermoplastic materials which are harder than metal and used to secure electric vehicle batteries, supplant overwhelming metallic structures in autos and make ophthalmic focal points and phones, are a portion of the advancements created by the researchers and specialists at the SABIC Technology Center in Bengaluru (STC-B).

“SABIC in India is for India and for the world. SABIC Technology Center in Bengaluru is furnished with probably the most progressive mechanical frameworks to drive start to finish look into over a total life cycle of an item,” said Janardhanan Ramanujalu, VP and provincial head, South East Asia, Australia and New Zealand, SABIC.

In March this year Saudi Aramco, the world’s greatest oil organization, consented to purchase a 70 percent stake in SABIC. Saudi Aramco could be esteemed at up to $1.7 trillion for its up and coming first sale of stock this December. “We accept we are the core of…read more

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