King Saud University has received a grant of 2 million USD from Saudi Basic Industries Corporation (SABIC) to support research activities at the university.
Of that, 1.3 million USD will be earmarked for SABIC research in the College of Engineering, and over 250,000 USD will be used to allow faculty members to participate in conferences, seminars and workshops.
Another 133,000 USD each will be used for:
- internal grants for master’s and Ph.D. students;
- developing the Innovation Center; and
- supporting SABIC’s work, with emphasis on applications in the plastics and petrochemical industries.
KSU Rector Dr. Abdullah Al-Othman received the donation from SABIC's Abdulrahman Al-Ubaid, Executive Vice President, Technology and Innovation and a former associated professor of chemical engineering at KSU.
The company is working to create a productive environment for researchers, faculty members and scientists through its financial and moral support to Saudi universities with the goal of sustaining growth in the industrial sectors and economic development.
SABIC is among the leading companies in supporting scientific research in Saudi universities. It has focused its support on projects that serve basic industries and ones in chemical, petrochemical and metallurgical fields and in the use of fertilizers, polymers and catalysts. It also has supported research into environmental issues and problems of pollution and disposal of industrial waste.
SABIC has shown an eagerness to attract projects submitted by researchers at Saudi universities in areas of industrial and technical development, and in its effort to promote close cooperation with the universities, offers grant programs and funding; creation and funding of specialized university scientific chairs; and opportunities for faculty members to participate in conferences and scientific forums.