Saudi Arabian petrochemical company has unveiled plans to launch four new technology and innovation facilities in 2013, with two of them in India and China, respectively. As per Press Trust Of India, the new centres in Bangalore and Shanghai will host around 500 professionals. Two other new centres will be based in Saudi Arabia itself and will take the number of the company’s research facilities around the world to 18. The four new centres represent a strategic investment of around half a billion US dollars. The Bangalore research centre is scheduled to open in Q2-2013, the centre in Shanghai will open in Q3-2013. The India centre will deal with application development, strategic business research and corporate research and will focus on diverse areas of research in chemistry, material science, process engineering, analytical and application technology.