SABIC expands its research capabilities with IITB-Monash

SABIC Research & Technology Private Limited (SRTPL) has signed a multi-year strategic partnership agreement in the southern Indian city of Bangalore with one of the world’s leading research academies, the Indian-Australian IITB-Monash.
This partnership will pave the way for close collaboration in multiple research projects, allowing both organizations to mutually develop advanced technologies into innovative solutions that meet global needs and demands in a number of areas that benefit society.
The scope of collaboration will extend to all of SABIC’s technology and innovation centers worldwide.
Commenting on the partnership and how it will enhance SABIC’s capabilities of ingenuity and innovation worldwide, Ernesto Occhiello, SABIC’s EVP-technology and Innovation, said: “SABIC understands that innovation is critical to achieving the goals of our sustainability strategy and to helping societies around the world achieve theirs.”
Occhiello said: “SABIC’s global partnerships in technology and innovation are central to the company’s growth plans and this latest agreement with IITB-Monash represents an important step forward in our global commitment to advancing technologies and responding to the needs of society across a range of technology sectors.”
This partnership is as an expansion of SABIC’s existing relationship with IITB-Monash, and will deliver a much closer relationship that will enable the world class research teams of both organizations to work together in their respective joint research areas.
SABIC’s partner, IITB-Monash, is based at the Powai campus off IIT Bombay and operates as an independent, autonomous research institution. It attracts the best talent — students as well as academic and research staff — to work on goal directed, cross-disciplinary grand challenges.
Commenting on the cultural similarities between the two organizations, Frank Kuijpers, SABIC General Manager for T & I highlights said: “At SABIC, we empower our people and reward them for innovative and pioneering work undertaken collaboratively with our customers and research partners. IITB-Monash has a similar “can do” culture to SABIC and we look forward to embarking on this new journey with them.”