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SABIC, a petrochemical major, has announced strategic collaborations with two government institutions - the Central Institute of Plastics Engineering and Technology (CIPET) and the Council of Scientific and Industrial Research (CSIR).
These partnerships, while paving the way for close collaboration with both the organisations in multiple research areas, are testimony of SABIC's commitment to partner in the government’s ‘Make in India’ vision by strengthening the chemicals and Plastics industries’ research ecosystem in the country, boosting skills development and contributing to India’s growth story.
The MoU to this effect was exchanged in the presence of the Union Secretary, Chemicals and Petrochemicals, Department of Chemicals and Petrochemicals, Ministry of Chemicals & Fertilizers, and President, CIPET Governing Council, Surjit Kumar Chaudhary, Joint Secretary, Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers, Avinash Joshi, and Joint Secretary, CSIR, Ministry of Science and Technology, Dr. G. Anupama.
Dr Saud Mohammed Alsati, Ambassador, Kingdom Of Saudi Arabia was the special guest to witness the signing.
Dr Ernesto Occhiello, Executive Vice President, Technology & Innovation said, “Collaborative projects with well-established scientific organisations and research centres are essential components of SABIC's global research programme. As Government of India’s two top academic and research institutions, both CIPET and CSIR are natural partners for SABIC. Through these partnerships, SABIC will be able to leverage these institutions’ multidisciplinary research capabilities to achieve research excellence for SABIC that will greatly benefit the nation. It is also our desire to see that today’s collaboration will create a value-added ecosystem involving science and technology institutions, talents, industry, customers to benefit the people of India.”
Janardhanan Ramanujalu, Vice President, SABIC South Asia & ANZ, said, “We firmly believe that the government’s ‘Make in India’ initiative rooted in the two strategic advantages of research and human capital will be the next growth driver for India. SABIC’s strategy in India is aligned with India’s economic growth plans and we endeavour to provide customers the products, services and solutions they need in their rapid growth path. We are very proud of signing these partnerships today with India’s premier institutions.”
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