Dow Chemical is set to build new research and development facilities and a dedicated training programme at the King Abdullah University of Science and Technology (KAUST) in Saudi Arabia.
With the groundbreaking institution opening its doors this week, the utilities giant confirmed that it will build on its partnership with the university with the establishment of the Dow Middle East R&D Centre on the adjacent Research Park and Innovation Cluster.
The centre will initially focus on water treatment technologies before expanding to carry out research to improve processes in the oil and gas industry.
Its Dow Talent Programme will also be in operation at the facilities, providing a steady stream of new workers to the Saudi energy industry through intensive training and development.
"This is a memorable and promising day in Dow's history, as we strive to invest for growth in fast-paced and high-potential economies like that of Saudi Arabia," said Andrew Liveris, chairman and chief executive officer of Dow Chemical.
Getenergy event for GCC countries November 2009