Khobar, Saudi Arabia: Sahara International Petrochemical Company (“Sipchem”), a world-class integrated petrochemical leader and a company listed on the Saudi Stock Exchange “Tadawul”, hosted its third Technology & Innovation Forum under the theme of “Value Creation Through Innovation”, at the Sipchem Technology and Innovation Center (MANAR) on the 17th of December, 2019. The Forum celebrates and acknowledges Sipchem employees’ innovative ideas, which will continue to deepen the roots of Sipchem’s creative culture for the future.
Sipchem’s continued endeavors to host and nurture innovation among its employees through the Technology & Innovation Forum, is aimed at encouraging the continual improvements of the company’s business, in terms of product development, research, performance efficacy, as well as the utilization of the latest technology available. Sipchem and its management will continue to provide a platform in its MANAR Center for such initiatives that will reap benefit for the business internally and externally.
The forum included a series of short presentations by employees on various technical topics and methods of improvements, in the presence of Sipchem’s management, followed by a tour of the research and development (R&D) facilities at the MANAR Center, which is located at the Dhahran Technovalley in the Eastern Province of Saudi Arabia.
Eng. Abdullah Al-Saadoon, Chief Operations Officer of Sipchem, commended employees on their contributions to continuously develop innovative solutions that will benefit the business and the Kingdom at large. Adding: “Sipchem has continuously sought-out to harvest creativity amongst its employees, by providing the appropriate tools, mechanisms and most importantly, the environment, to grow as employees and as industry experts.”
MANAR Center was inaugurated in April 2015 and was established to support the growth strategy of the company and support the economic vision of the Kingdom, which promotes industrial and commercial diversification through product and application development benefiting the local plastics downstream industry.
Sahara International Petrochemical Company (Sipchem), listed on the Saudi Stock Exchange “Tadawul”, is a world-class integrated petrochemical leader with a comprehensive and diversified portfolio of more than 30 chemical and polymer products distributed to millions of consumers in over 100 countries around the world.
The Company was established in 1999 and expanded further in 2019 as a result of the first ever petrochemical merger of equals of two leading publicly listed entities in Saudi Arabia, the Saudi International Petrochemical Company and Sahara Petrochemicals Company.
With 16 subsidiaries and more than 29 local and international partnerships, Sipchem embraces the integration of current and new innovative solutions and procedures to create a persistent chain of value to support the needs of its customers.
Sipchem follows the highest standards of safety and environmental protection in all its operations and pays great attention to social responsibility. The company is driven by Saudi Arabia’s Vision 2030 to build national champions with strong local and international reach in a sector that has been identified as a priority for the future economy of Saudi Arabia.
For more information see: www.sipchem.com
Tel: +971 52 290 3518
© Press Release 2019