SABIC, ranked among the world’s top petrochemical companies, has entered into partnership with the Central Institute of Plastics Engineering & Technology (CIPET), under the Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers, with the aim of developing capacity in the plastics processing industry in India. As part of this agreement, a six months fully-residential skill development programme for 50 unemployed youth from less-privileged backgrounds was launched in January. The programme includes full scholarship to the participating students, covering their course fee, boarding and lodging costs. This collaboration is a part of SABIC’s corporate social responsibility (CSR) commitment to create lasting value across the economic, social, human and environmental dimensions.
These 50 students from less-privileged backgrounds were selected through a comprehensive screening process undertaken by CIPET independently. They will be provided training to operate Injection Moulding Machines through a special curriculum developed by CIPET, with inputs from SABIC. Upon successful completion of the course, the students will be certified by CIPET and SABIC.
Announcing the programme, Mr. Janardhanan Ramanujalu, Vice President, SABIC South Asia & ANZ, said, “SABIC is encouraged by the Government of India’s thrust on building India as a global manufacturing hub under its ‘Make in India’ initiative. Given the wide-ranging application of plastics, the plastics processing industry can play a pivotal role in supporting the growth of the manufacturing sector. However, currently there is a huge gap between the supply and demand for trained manpower in this field. Our partnership with CIPET is a small but significant step in trying to create an enduring framework for developing vocationally-trained frontline workers for the plastics manufacturing industry in India.”
After the training, these 50 students would be fully employable and equipped to join a modern plastics processing unit. The programme will eventually be expanded to train more youth through other CIPET centres across India and will support the Government of India’s National Skill Development targets.
Mr. Ramanujalu added, “SABIC is committed to create lasting value in the communities in which we operate. Through this programme, we are offering the less-privileged, unemployed youth an opportunity to be a part of the plastics processing industry and contribute to India’s growth story.”
Mr. S. Sugumar, Deputy Director & Head - HLC, CIPET said, “As the leading academic and research institute in the field of plastics, CIPET seeks to equip people with the latest advances in skill development in the plastics industry. Such industry collaborations enable us to address the need for employment-ready manpower. We are delighted to work with SABIC and are confident that this specially-designed curriculum will immensely benefit the 50 youth who will go through the training and also provide a future-ready framework for expanding this programme through similar partnerships.”
SABIC’s CSR policy in India includes promotion of education as one of the key areas, with special attention to less-privileged children and youth. Other SABIC CSR activities in the area of education include restoration and reconstruction of three schools in Vadodara, a programme to raise awareness among school students on the importance of water conservation and the role of chemicals in this process, and support for an eye care camp covering nearly 20,000 less-privileged students in Delhi/NCR government schools to facilitate their education.
About SABIC Saudi Basic Industries Corporation (SABIC) ranks among the world’s top petrochemical companies. The company is among the world’s market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.
SABIC recorded a net profit of SR 23.43 billion (US$ 6.24 billion) in 2014. Sales revenues for 2014 totaled SR 189 billion (US$ 50.40 billion). Total assets stood at SR 341 billion (US$ 90.93 billion) at the end of 2014.
SABIC’s businesses are grouped into Chemicals, Polymers, Performance Chemicals, Fertilizers, Metals and Innovative Plastics. SABIC has significant research resources with 19 dedicated Technology & Innovation facilities in Saudi Arabia, the USA, the Netherlands, Spain, Japan, India, China and South Korea. The company operates in more than 45 countries across the world with around 40,000 employees worldwide.
SABIC manufactures on a global scale in Saudi Arabia, the Americas, Europe and Asia Pacific.
Headquartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70 percent of SABIC shares with the remaining 30 percent held by private investors in Saudi Arabia and other Gulf Cooperation Council countries.
About SABIC Asia Established in the 1980s, SABIC Asia has over 40 offices and close to 3000 employees across the region. With 9 manufacturing and compounding sites in China, India, Japan, Korea, Malaysia, Singapore and Thailand, SABIC constantly strives to better serve our customers in the Asian region. A leading global organization in research and technology, we have two Application Centers in Moka, Japan and Sungnam, Korea and three new Technology Centers in Bengaluru, India, Shanghai, China and Suwon, South Korea. Today, Asia is SABIC’s fastest growing region globally with strong double digit growth.
Photo caption:
(From L to R) N. Durai, Senior Technical Officer (Upgraded) & Training – Incharge (VTC), CIPET; S. Sugumar, Deputy Director & Head - HLC, CIPET; G.V. Ramgopal, Head of Polymers, Indian Subcontinent, SABIC and Janadhanan Ramanujalu, Vice President, SABIC South Asia & ANZ, at the launch of the Injection Moulding Machine Operation course at CIPET, Chennai 
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