Source : CPRJ China Plastic & Rubber | Author : Yifan | Release date :2014 -01-15

Saudi Basic Industries Corporation (SABIC) the sixth consecutive year to participate in the Boao Forum for Asia , as an active strategic partner to strengthen commitment to the 2014 annual meeting .

Zhou Wenzhong, Secretary-General of Boao Forum for Asia , SABIC executive vice president of corporate strategy and planning department Yusuf - Al - Zamir and President and Vice President, North Asia, SABIC Lei Boao Forum for Asia in the recent press conference held in Beijing for this announcement .

Conference , Al - Mr. Zamir said, " Boao Forum for the past 12 years in Asia and the world play an important and indispensable role in the discussion forum closely linked to the development of regional economic integration in Asia and the world , the focus is . topics mighty, long-term and strategic vision and we are very proud to be a strategic partner Boao Forum for Asia annual conference 2014 . SABIC is the first time to participate in Boao Forum for Asia in 2009 , but also for the continued partnership share of these years successful witness in enhanced economic ties with Asian countries , the exchange of ideas and shared vision of collaboration , we work together to forge ahead . "

Al - Mr. Zamir further noted that " Saudi Arabia and SABIC is proud to maintain long-term economic and cultural ties with Asia SABIC as a trusted long-term trading partners in the Asia Pacific and Greater China has 41 offices serving customers . China has become the worlds fastest growing SABIC market , and the key success factor in our growth strategy in China is to cooperate with China petroleum and Chemical Corporation . cooperation with China petrochemical SABIC began in 2009 , we jointly established sand ( Tianjin ) petrochemical Co., Ltd. (SSTPC). with 2010 fully operational , the sand ( Tianjin ) petrochemical Co., Ltd. is a different Chinese manufacturing customers produced approximately 3.2 million tons of petrochemical colored materials such as ethylene , polyethylene , ethylene glycol , polypropylene , butadiene , phenol and butene-1 . "

"In addition, the Saudi Basic Industries Corporation Shanghai R & D Center opened in 2013 was completed and became SABIC another key milestone in China. This initial investment of $ 100 million for advanced research and development center, with application development including 170 technical personnel and materials , including nearly 500 employees , " Al - Mr. Zamir supplement.

"We will be the relationship between SABIC and the Boao Forum as an important part of our cultural and economic ties ." Al - Mr. Zamir stressed .

During the meeting held April 8 to 10 , SABIC heads will participate in the strategic dialogue , between government officials and business leaders to discuss the theme " Asias new future : to find and release the growth of new momentum " for this years General Assembly contribute insights.

Saudi Basic Industries Corporation (SABIC) is one of the world s top petrochemical companies , the production of polyethylene, polypropylene , advanced thermoplastics, glycols, methanol and fertilizers leading companies.