STM-11 opens amid record global participation in Saudi Arabia

STM-11Prince Al-Saud said that research and development, together with technology and innovation, have not only become an essential element in SABIC’s culture, but also a common culture among the Kingdom’s agencies that are concerned with planning. (Image source: SABIC)The 11th SABIC Technical Meeting (STM-11) is hosting a record 232 exhibitors from 45 countries in an area of about 36,000 sq m, according to SABIC

Prince Saud bin Abdullah bin Thenayan Al-Saud, chairman of SABIC and Royal Commission for Jubail and Yanbu, inaugurated the four-day event on 2 November at the King Abdullah bin Abdulaziz Cultural Center in Jubail.

Held under the theme Commitment to Reliability & Sustainability, the four-day event marks the 20th year of the STM series. According to the organisers, the event has brought together an impressive line-up of local and global CEOs, heads of manufacturing companies, scientists, researchers, chemists, engineers and technical experts to share their experiences and further build on their capabilities.

Prince Al-Saud said that research and development, together with technology and innovation, have not only become an essential element in SABIC’s culture, but also a common culture among the Kingdom’s agencies that are concerned with planning.

“This culture plays a major role in drawing the future path of industrial advancement in the Kingdom. The government’s industrialisation strategy, so important to the Kingdom’s future, requires that we become more innovative, more creative and achieve highly technological solutions for our nation and the world. And that is why SABIC is so important as a major partner in the Kingdom’s strategy,” he added.

Mohamed Al-Mady, vice-chairman and CEO of SABIC, noted that SABIC’s strategy is to increase the positive impact it is already having on its stakeholders across the value chain by distributing higher levels of direct and indirect economic value.

“We will do this by continuing to make capital investments in manufacturing technologies that reduce our impact on the environment and enhance our short and long-term economic viability; invest in innovation and sustainable solutions to differentiate our products; diversify our product offerings; and improve the relationships we have with our customers across various market segments,” Al-Mady concluded.

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