24 Oct 2011
University of Maastricht and SABIC focus on talent
Hristina K. Dzharova awarded the SABIC Scholarship
Sittard, the Netherlands – October 24, 2011 – On October 21, Hristina Dzharova (27), a student at the University of Maastricht, received the SABIC Scholarship for the academic year, 2011-2012. The scholarship worth € 10 600 is awarded every year to a promising and internationally focused student. Mary McCarthy, European Recruiting & Staffing Leader at SABIC presented the scholarship to Ms Dzharova at SABIC’s offices in Sittard.
SABIC scholarship
Started in 2005, the SABIC scholarship initiative is a collaboration between the University Fund Limburg (formerly known as SWOL) and SABIC, a leading manufacturer of petrochemicals. The scholarship reflects the efforts of both organizations to support the careers of talented students. This year’s student, Hristina Dzharova from Bulgaria is currently studying International Business, Track Strategy and Innovation at the Maastricht School of Business and Economics. The Master program she is doing emphasizes competitive strategies and the long-term sustainability of companies. Ms Dzharova was awarded the scholarship due to her outstanding academic results, extra-curricular activities, international focus and motivation for personal development.
In response to receiving the news, Ms Dzharova said: “I consider myself fortunate and honored to receive this scholarship. Apart from the financial support, the scholarship is also a recognition of my achievements so far. Therefore, it also gives me more confidence in my ability to thrive in the very competitive and educationally challenging environment the University of Maastricht offers. Here, I have the opportunity to further develop my skills and gain useful knowledge for my future.”
Focus on talent
Attracting talented people is crucial for the University of Maastricht, the Maastricht area as a whole, and also for SABIC. The University positions itself as a high-quality, international organization, where talent development is key ― a fact that has also been confirmed by the high scores given to the University in international surveys. The University of Maastricht also works closely together with other universities and companies who put these principles into practice. The cooperation with SABIC and the scholarship is a good example of this philosophy.
Mary McCarthy, European Recruiting & Staffing Leader at SABIC, adds: “SABIC is a global leader in petrochemicals with ambitious growth targets that can only be achieved with the help of talented employees. Although we have highly competent people in-house, we are always on the look-out for new talent. We see this scholarship, and the cooperation with the University of Maastricht as a good way of engaging with talented students, sharing knowledge and giving them access to our international networks. For example, students are given the chance to take part in an internship program within our global organization. Employees also give guest lectures in our various specialist areas. Hristina Dzharova is a very talented student and we are pleased to be able to help her in her future development.”
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Notes for editors
About SABIC
Saudi Basic Industries Corporation (SABIC) ranks among the world’s top petrochemical companies. The company is among the world’s market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.
SABIC recorded a net profit of SR 21.5 billion (US$ 5.73 billion) in 2010. Sales revenues for 2010 totaled SR 152 billion (US$ 40.5 billion). Total assets stood at SR 317.6 billion (US$ 84.5 billion) at the end of 2010.
SABIC’s businesses are grouped into Chemicals, Polymers, Performance Chemicals, Fertilizers, Metals and Innovative Plastics. SABIC has significant research resources with 18 dedicated Technology & Innovation facilities in Saudi Arabia, the USA, the Netherlands, Spain, Japan, India and China. The company operates in more than 40 countries across the world with 33,000 employees worldwide.
SABIC manufactures on a global scale in Saudi Arabia, the Americas, Europe and Asia Pacific. SABIC’s overall production has increased from 35 million metric tons in 2001 to 66 million metric tons in 2010.
Headquartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70 percent of SABIC shares with the remaining 30 percent held by private investors in Saudi Arabia and other Gulf Cooperation Council countries.
About SABIC in Europe
In Europe SABIC has 12 world-scale production facilities which manufacture polyethylenes, polypropylenes, engineering thermoplastics and chemical products. An extensive network of local sales offices and logistical hubs are responsible for sales of these products as well as those manufactured elsewhere in the world. In addition SABIC has three research facilities based in the region, which form part of its global Technology and Innovation organization.
SABIC employs approximately 6000 people in Europe.
Media Notes
• As an acronym, SABIC should be all caps whenever it appears in print.
• ® Trademark of SABIC
Related images
From left to right: Drs. Jos M. G. Kievits, Director Development & Alumni relations Maastricht University - Hristina Dzharova - Mary McCarthy, European Recruiting & Staffing Leader at SABIC.
(Photo SABIC, PR036)
Editorial enquiries
Nicole Bregman
SABIC
Nicole.bregman2562.bregman@sabic.com
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Marketing Solutions NV
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