Friday 28 February 2020

Sabic signs strategic alliance with Yokogawa

RIYADH, December 31, 2019

Yokogawa Electric Corporation has entered into a strategic alliance framework agreement to accelerate collaboration with Saudi Basic Industries Corporation (Sabic), ranked among the world's largest petrochemical manufacturers.

The agreement includes selection of Yokogawa as a preferred supplier of control systems.

Sabic is composed of four strategic business units: petrochemicals, specialties, agri-nutrients, and metals. To date, Yokogawa has delivered integrated control systems in some Sabic plants such as a large ethylene plant (1,000kt/year) in Jubail.

Under this alliance agreement, Yokogawa will promote localization in Saudi Arabia, and its integrated control systems and safety instrumented systems will be preferentially selected for plants operated by Sabic in the Middle East and Asia-Pacific regions.

Additionally, Yokogawa will promote manufacturing excellence by collaborating with Sabic on innovative digitalization technologies, as well as energy optimization programs. – TradeArabia News Service


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