Leaders of Saudi petrochems giant SABIC see innovation and ingenuity as the keys to maintaining a competitive edge. “Only by developing and ingeniously applying new technologies to solve real business challenges [can] SABIC achieve its ambitious goals,” says Chairman Prince Saud bin Thenayan al-Saud in the company’s 2013 Annual Report.

SABIC is investing $500mn on “a global network of technology and innovation centers… [to] provide focal points for customer collaboration.” (CONTINUED - 268 WORDS)