March 22, 2012 – Saudi Basic Industries Corporation (SABIC) has opened a new facility, SABIC Academy, at its headquarters in Riyadh. The facility will provide courses and training programs to develop leaders in the petrochemicals industry, focusing on skills in areas such as finance, marketing, sales, supply chain logistics, and various technical fields. SABIC Academy is open to SABIC employees, as well as Saudi Government leaders. Students will also have the unique opportunity to communicate and interact directly with senior leaders of the company. The academy, built on an area of over 118,000 square feet (11,000 square meters), can accommodate around 450 people. It includes meeting rooms, conference and seminar halls, information technology laboratories, two libraries, and offices with internet facilities.