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Yokogawa signs strategic agreement with SABIC

Dec 30, 2019
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Yokogawa Electric Corporation said that it has entered into a strategic alliance framework agreement to accelerate collaboration with Saudi Basic Industries Corporation (SABIC).

The agreement includes selection of Yokogawa as a preferred supplier of control systems by SABIC, one of the largest chemicals company in the world.

Under this alliance agreement, Yokogawa will promote localisation 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 digitalisation technologies, as well as energy optimisation programs.

Through the co-innovation of solutions and the co-creation of value with customers and partners, Yokogawa aims to contribute to a sustainable society.

SABIC is a public company based in Riyadh, the capital city of the Kingdom of Saudi Arabia, and 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, Saudi Arabia.