Sabic Review

Sabic commits to Teesside

Sabic, one of the world’s largest petrochemicals manufacturers, has taken a new 15-year lease on its 29,000 sq ft of office space at the Wilton Centre, Teesside’s premier science and business park in the UK. Sabic has committed to the new office lease on the back of completing a multi-million pound upgrade to its Olefins 6 plant, commonly known as The Cracker, at the neighbouring Wilton International site earlier this year, securing the jobs of its 600 employees on Teesside.

The deal to retain Sabic on the 75-acre science and business park follows lettings of 40,000 sq ft of office and training space to international electrical safety training provider The Faraday Training Group, and of 15,000 sq ft of office and laboratory space to Fujifilm Diosynth Biotechnologies, a world leading developer and manufacturer of biologics-based medicines. Following these three deals nearly 80 per cent of the office, laboratory and plant space is now let at the Wilton Centre.

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