OK
The Universal Selection Source:
Coatings Ingredients
Industry News

Dow Signs Agreement to Expand its R&D Center for Coatings at KAUST

Published on 2015-11-09. Author : SpecialChem

THUWAL and RIYADH, Saudi Arabia -- The Dow Chemical Company has signed an agreement with King Abdullah University of Science and Technology (KAUST) to expand its facilities at the KAUST Research & Technology Park with the construction of a new Dow Middle East Research and Development (R&D) Center.

Dow ChemicalKAUST
Fig. 1: Dow Signs Agreement to Expand its R&D Center for Coatings at KAUST

“This expansion demonstrates Dow’s strategic commitment to innovation by strengthening R&D to better serve our customers and support growth in the region,” said President of Dow India, Middle East, Africa and Turkey, Markus Wildi. “It underscores our mutual objectives to deliver science-based solutions for some of the world’s biggest challenges, especially those related to water, energy, and infrastructure.”

Construction of the 13,500-square-meter R&D facility, designed to meet LEED silver certification requirements, will be led by KAUST and begin by the end of 2015. Dow’s R&D facilities currently on the KAUST campus will relocate to the new building. The new facility will have capacity for up to 75 Dow R&D employees.

The new Middle East R&D Center will house advanced laboratories for the research of water treatment as well as expanded capabilities in oil and gas downstream and upstream markets, building and construction, and coatings driven by growth opportunities in the Middle East and other emerging geographies. With the capability to extend into additional Dow technologies, the facility will support the geographic growth of Dow businesses.

“Dow has been a part of KAUST’s journey from the very beginning,” said KAUST President, Jean-Lou Chameau. “The Dow Middle East R&D Center at KAUST represents the continuing commitment on Dow's part to the vision of KAUST to serve as a catalyst in transforming Saudi Arabia into a knowledge economy. This is the latest in a series of collaborative initiatives to invest in local talent and develop solutions for regional and global impact. Partnerships with industry are core to the KAUST mission and help integrate the university’s goal-oriented research into the national economy.”

Dow is a founding member of the KAUST Industrial Collaboration Program, which aims to commercialize research into practical applications. As part of the collaboration agreement with KAUST that was initiated in 2009, Dow has implemented multiple programs investing in KAUST students and faculty.

About Dow

Dow combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from the intersection of chemical, physical and biological sciences to help address many of the world's most challenging problems such as the need for clean water, clean energy generation and conservation, and increasing agricultural productivity. Dow's integrated, market-driven, industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 180 countries and in high-growth sectors such as packaging, electronics, water, coatings and agriculture. In 2014, Dow had annual sales of more than USD 58 billion and employed approximately 53,000 people worldwide. The Company's more than 6,000 product families are manufactured at 201 sites in 35 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

About KAUST

King Abdullah University of Science and Technology (KAUST) is an international, graduate-level research university located on the shores of the Red Sea in Saudi Arabia. KAUST is dedicated to advancing science and technology through interdisciplinary research, education and innovation. Curiosity driven and goal-oriented research is conducted by students, faculty, scientists and engineers to address the world’s pressing scientific and technological challenges related to food, water, energy and the environment.

Source: Dow

 

PS: If you liked this News, you might enjoy our Coatings Industry Newsletter. All the Industry News delivered twice a week right to your inbox. Sign up here!


Halcyon Group 3rd R&D Innovation Summit
Channel Alerts

Receive weekly digests on hot topics

Back to Top