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SABIC opens EPCA annual meeting

Published by , Senior Editor
Hydrocarbon Engineering,

In a recent address to the European Petrochemical Association’s (EPCA) annual meeting in Vienna, Austria (held betwee 7 and 10 October), SABIC’s Vice Chairman and CEO, Yousef bin Abdullah Al-Benyan focused on global sustainability challenges, the rise of ‘Smart Cities’ and SABIC’s strategy to advance sustainability solutions.

The Smart Cities concept is a response to the challenges faced by people living in densely populated urban areas: improving quality of life through reduction of CO2 emissions and waste, optimising resources and energy consumption through the development of energy efficient buildings and home appliances, and increasing use of renewable energy.

As a demonstration of SABIC’s commitment to this vision, the company has already made a fully sustainable home a reality, with its ‘Home of Innovation’ in Riyadh’s Techno Valley. A single-family, demonstration home with a ‘net-zero’ energy balance – so generating equal amounts of energy as it consumes – it is SABIC’s template for comfortable, modern and sustainable living. Awarded a LEED Platinum rating from the Leadership in Energy & Environmental Design (LEED), the SABIC designed and built residence is the most energy and resource-efficient building in the Middle East.

“As a global leading company at the vanguard of the petrochemical industry, SABIC believes that successful companies of the future must integrate business with sustainable values,” said Al-Benyan.

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