Dow Signs Research Contract with University
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- Saudi Aramco News
- Dhahran Media
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Author: Saudi Aramco News
Released 2 July 2009
JIDDAH, June 24, 2009 -- Professor Chong Fong Shih, president of KAUST, recently signed a multimillion-dollar contract with the Dow Chemical Co., a world leader in science and technology.
An artist’s rendering of the research atrium.Dow plans to take part in the KAUST Research Park and Innovations Cluster, exploring the development of topics such as CO2 capture, enhanced oil recovery, water desalination, solar energy and wind energy. The company has also become a founding member of KAUST’s Industrial Collaboration Program, which promotes economic development in Saudi Arabia and encourages an enriched research experience.
Arab News reported that one of Dow’s main objectives is to deliver science-based solutions for everyday needs. Andrew Liveris, chairman and CEO of Dow, said that this objective is aligned with the university’s goals of encouraging economic development through the advancement of technology.
Arab News quoted Fong Shih as saying, “It is the vision of King Abdullah to have KAUST act as a driver in transforming Saudi Arabia into a knowledge economy by directly integrating research produced at the university into (the Kingdom’s) economy. We are pleased to have Dow, a 112-year-old world leader in the field of science and technology, as a partner in realizing this great vision.”