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SABIC Meet & Greet

06 Sep

source: http://www3.berkshireeagle.com/headlines/ci_6806485

County opens arms to Sabic


Sabic Welcome
9/4/2007 — Photo By: Ben Garver

Wednesday, September 05

Sabic greeted warmly by business leaders at Cranwell reception By Scott Stafford

Berkshire Eagle Staff

LENOX — Gov. Deval L. Patrick used the traditional Arabic greeting — and taught the rest of the gathering of about 65 high-caliber Berkshire business leaders to say it in unison — to welcome the corporate executives of Sabic during a breakfast meeting at Cranwell Resort and Spa yesterday.
“Salam wa aleikum,” Patrick said, which translated is “Peace be upon you.”

“Wa aleikum ah salam” came the reply from 30 members of Sabic’s Saudi Arabian delegation, in a response that means “Peace also be upon you.”

These were the first steps in building a relationship with Saudi Basic Industries Corp., or Sabic, the company that just completed the $11.6 billion purchase of GE Plastics, now known as Sabic Innovative Plastics, last Friday.

The breakfast at Cranwell was convened for local business leaders and elected officials to greet the newest overseas additions to the Berkshire business community.

The Sabic delegation included HH Prince Saud bin Abdullah bin Thenayan Al-Saud, Sabic’s chairman; Mohamed H. Al-Mady, Sabic’s vice chairman and CEO; and Abdullah Bazid, a member of Sabic’s managing board and company COO.

Those on hand to add their voices to the Berkshires’ welcoming chorus inlcuded executives from Berkshire Life, TD

 

Ben Garver / Berkshire Eagle Staff HH Prince Saud bin Abdullah bin Thenayan Al­Saud, chairman of Sabic, said yesterday the compa­ny’s products are sold in more than 100 countries.

Banknorth, the Clark Art Institute, Berkshire Bank, Legacy Banks, General Dynamics, General Systems Company, Red Lion Inn, Interprint, Mead Westvaco, Berkshire Gas, Petricca Industries, Berkshire Economic Development Corporation and the Berkshire Chamber of Commerce. After his brief language lesson, Patrick said the new business partnership between Massachusetts and the Saudi Arabian firm is of utmost importance.

“I emphasize that we are here to do whatever we can to ensure your success in Massachusetts,” he said. “Our long-term interest is a long-term relationship and helping you in growing your business here.”

In his remarks, Al-Saud told the crowd: “I would like to express my happiness to be here.

“Now, Sabic becomes a global company. We sell our products now in more than 100 countries, and our intention is to increase our investment outside our country,” he continued. “So I think we will work together to assert our business here and to develop our placement here. Sabic will be the link for the two businesses and the two countries.”

Al-Mady, who visited the Berkshires in May when the GE-Sabic deal was announced, also spoke. “It is nice to see this heart-warming welcome from the governor and the community — it is very encouraging,” he said.

During his May visit, when Al-Mady looked over the company assets and met the people in the company, he said he was “very impressed by the assets, but more impressed by the people.”

Sabic IP CEO Brian Gladden also reiterated the company’s intention to stay and grow in Pittsfield.

“With Sabic as our parent company, we are now part of the most profitable and powerful petrochemical company in the world,” he said. “And we are very proud to continue to call Pittsfield and the Berkshires home to our global headquarters.”

Gladden said there will continue to be visits to Pittsfield by hundreds of customers and potential customers, and that the company was also making the Pittsfield facility home to the global training center, meaning hundreds of employees would also be visiting the area for training.

“Our commitment to our many communities is strong, and backed by Sabic,” Gladden said.

As a demonstration of that commitment, Gladden called upon Thomas Simon, principal of the Morningside Elementary School in Pittsfield, to announce that the school would be the recipient of the company’s October volunteer project — the donation and installation of a playground.

He then presented a $20,000 check to the Berkshire United Way, “a special contribution to kick off our annual campaign to raise funds for the United Way.”

And although U.S. Sen. Edward M. Kennedy couldn’t be on hand, yesterday was the first day of the year’s final Congressional session, he did send along a letter of greeting, which was read by Tyler Fairbank, president of the Berkshire Economic Development Corporation.

“I wanted to send along a note to warmly welcome Sabic Innovative Plastics to Pittsfield,” Kennedy wrote. “Pittsfield is proud to be home to the Sabic Innovative Plastics’ global headquarters and we all look forward to watching the company grow, employing the best Pittsfield and western Massachusetts has to offer.

“GE Plastics has a proud history in the City of Pittsfield for more than 73 years, and the workers at GE Plastics are some of the most dedicated and highly skilled in the nation.”

To reach Scott Stafford: sstafford@berkshireeagle.com, (413) 496-6240.

Sabic global employees

By Region

Americas — 19 percent

Asia Pacific — 19 percent

Europe — 53 percent

MIddle East — 9 percent

Workload breakdown

By Function

Manufacturing — 70 percent

Sales & Marketing — 10 percent

Technology — 5 percent

Supply Chain — 4 percent

Support Functions — 11 percent

The big picture

Total employees — 30,503

All figures include Sabic Innovative Plastics

Sabic global employees, by region
Americas: 19 percent
Asia Pacific: 19 percent
Europe: 53 percent
Middle East: 9 percent

Workload breakdown, by function
Manufacturing: 70 percent
Sales & Marketing: 10 percent
Technology: 5 percent
Supply Chain: 4 percent
Support Functions: 11 percent

The big picture
Total employees: 30,503

All figures include Sabic Innovative Plastics

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1 Comment

Posted by on September 6, 2007 in The Business

 

One response to “SABIC Meet & Greet

  1. ahndunk

    February 16, 2008 at 1:47 am

    Wow, good news. I think Sabic is great company!

     

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