The Saudi Basic Industrial Corporation (SABIC) has announced a long-term sponsorship agreement and innovative partnership with (Formula E), the first carbon-neutral sport since its inception. International Automobile Federation.
For his part, SABIC Vice President and CEO Yousef bin Abdullah Al Bunyan expressed his pride in this partnership, which contributes to strengthening the global presence of the SABIC brand on the international sports platform related to its business and has a distinct and growing presence. explaining SABIC’s intention to work closely with Formula E to integrate the company’s sustainable solutions into the Formula E ecosystem and operations.
“This move provides a unique opportunity to bring our innovations from (Formula E) to the various automotive and electric vehicle industries to create value for our customers and partners and demonstrate our ability to support the world’s transition to electric vehicles before that, to build a more sustainable future.” – he said.
Al-Bunyan pointed out that this partnership is fully in line with SABIC’s sustainability strategy, which supports the concept of a circular carbon economy in light of the decline in all carbon value chains and is an important step towards moving to electric work, one of the main paths identified by the company. to achieve neutrality.
