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Oil, Gas, Petrochemical Industry News
News Release from: SABIC
Edited by the Processingtalk Editorial
Team on 07 September 2006
New European head office opened
The head office of Sabic Europe has been opened by His Highness Prince Saud bin Abdullah Ibn Thunayan Al-Saud (Chairman of Sabic) and Joop Wijn (Minister of Economic Affairs of The Netherlands)
The head office of Sabic Europe in Sittard has been opened by His Highness Prince Saud bin Abdullah Ibn Thunayan Al-Saud (Chairman of Sabic) and Joop Wijn (Minister of Economic Affairs of The Netherlands) HH Prince Saud bin Abdullah Ibn Thunayan Al-Saud underlined the importance of the new Head office for Sabic, "This building with its unique characteristics will be a tribute to the revitalisation of energies and the incentive to unleash the creativities and capabilities and help enhance corporate achievements"
This article was originally published on Processingtalk on 18 Jul 2003 at 8.00am (UK)
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During his speech H.E Joop Wijn focused on the already long-lasting ties between Saudi Arabia and The Netherlands, especially since Sabic came to Europe: "The petrochemical industries clustered at the Chemelot complex are of great importance to the Dutch economy".
Furthermore he mentioned that Saudi Arabia is The Netherlands' foremost trade partner in the Middle East.
The mission of Sabic in Europe and in that respect, the establishment of the new Head office in Europe was especially underlined by Frans Noteborn, CEO of Sabic Europe, "Sabic Europe has a mission to grow.
Further reading
Ethylene and propylene project on Red Sea coast
Saudi Basic Industries Corporation has signed a Letter of Intent with Technip for the engineering, procurement and construction of an ethylene and propylene plant at the YANSAB Complex in Saudi Arabia
Petrochemicals industry trends and challenges
SABIC explain that the petrochemical industry is undergoing major structural changes with particular respect to feedstocks, geography and demographics
This challenge and the opportunity to design and build a new European Head office created the unique possibility to optimise the European business and service organisation, our working methods, our IT and communication technology.
It also challenged the people involved to become the owner and design their future working environment and working methods".
Other guests-of-honour were the Vice Chairman and CEO of Sabic, Mohamed Al-Mady; the Mayor of Sittard-Geleen, Jean Bronckers; the Governor of the province of Limburg Leon Frissen; the President of the Council of Europe Parliamentary Assembly, Rene van der Linden; and the CEO of Sabic Europe, Frans Noteborn.
In their speeches, they underlined the relationship between Saudi Arabia and The Netherlands and the importance of having Sabic Europe headquartered in Sittard-Geleen.
Sabic Europe is a Sabic subsidiary which includes all of the Sabic activities in Europe and employs around 2,300 people.
Its Head Office is in Sittard and there are production sites in Geleen (The Netherlands) and Gelsenkirchen (Germany), with a Research and Technology centre in The Netherlands.
Sabic Europe had sales of 6.5 million metric tons of petrochemicals and a turnover of 5 billion euros in 2005.
The construction of the Sabic Europe headquarters building commenced in 2004.
It is a six-storey building and accommodates more than 550 employees.
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