Yokogowa inks deal with Saudi's SABIC to supply control systems
The Japanese firm will will supply integrated control systems and safety instrumented systems for plants operated by SABIC
Tokyo stock exchange-listed Yokogawa Electric Corporation has entered into a strategic alliance framework agreement with Saudi Arabian petrochemical manufacturing giant Saudi Basic Industries Corporation (SABIC) to be the preferred supplier of control systems.
The Japanese electrical engineering and software firm will supply integrated control systems and safety instrumented systems for plants operated by SABIC in the Middle East and the Asia-Pacific regions.
Yokogawa will also boost manufacturing capabilities by collaborating with SABIC on digitalisation technologies and energy optimisation programs.
In addition, as part of the agreement, Yokogawa will promote localisation in Saudi Arabia.
Riyadh-based SABIC is composed of four strategic business units: petrochemicals, specialties, agri-nutrients, and metals. Yokogawa has already delivered integrated control systems in some SABIC plants such as its ethylene plant in Jubail.