Sabic chairman Prince Saud bin Abdullah Ibn Thunayan Al-Saud, who opened Sabic Europe’s head office in the Dutch city of Sittard, underlined the importance of the new premises for his company.

According to a Sabic statement, he said the new six-storey building would revitalise energies, encourage creativity and promote capabilities for enhancing corporate achievements.     
Dutch Economic Affairs Minister Joop Wijn focused on what he said were longlasting ties between Saudi Arabia and The Netherlands, especially since Sabic came to Europe. “The petrochemical industries clustered at the Chemelot complex are of great importance to the Dutch economy,” he remarked, while adding that Saudi Arabia was The Netherlands’ foremost trade partner in the Middle East.
 Frans Noteborn, CEO of Sabic Europe, underlined Sabic’s mission in Europe and the establishment of the new base on the continent. Said Noteborn: “Sabic Europe has a mission to grow. This challenge and the opportunity to design and build a new European head office created the unique possibility to optimise the European business and service organisation, our working methods and our IT and communication technology.”
 The CEO of Sabic, Mohamed Al-Mady, attended the ceremony. Sabic Europe has production sites in Geleen (The Netherlands) and Gelsenkirchen (Germany), with a research and technology centre in The Netherlands.  The company, which employs 2,300 people, had sales of 6.5 million tonnes of petrochemicals and a turnover of 5 billion euros ($6.33 billion) in 2005.