site quoted the Jeddah-based English newspaper "Arab News" as saying that one of Dow's main objectives is to deliver science-based solutions for everyday needs. Andrew Liveris, chairman and CEO of Dow, said that this objective is aligned with the university's goals of encouraging economic development through the advancement of technology. Arab News quoted Fong Shih as saying, “It is the vision of King Abdullah bin Abdulaziz to have KAUST act as a driver in transforming Saudi Arabia into a knowledge economy by directly integrating research produced at the university into (the Kingdom's) economy. We are pleased to have Dow, a 112-year-old world leader in the field of science and technology, as a partner in realizing this great vision.”