SABIC and Fraunhofer-Gesellschaft, a leading German organization for applied research, signed a multiyear agreement in Sittard, the Netherlands, to mutually develop advanced technologies into innovative solutions, meeting global needs and demands in societal areas.
The strategic agreement comprises various research areas. SABIC is especially interested in research cooperation in fields such as light weighting products including polymeric materials and composites, with applications in the automotive and aerospace industry. It also has a strong interest in solar energy technology.

The agreement was signed by Dr. Ernesto Occhiello, SABIC Executive Vice President, Technology and Innovation, and Professor Ulrich Buller, Senior Vice President Research Planning, Fraunhofer-Gesellschaft.

• Saudi Basic Industries Corporation (SABIC), Riyadh, Saudi Arabia
• Fraunhofer-Gesellschaft, Munich, Germany