Saudi Basic Industries Corporation (SABIC) has further demonstrated its national growth commitment by opening its first engineering thermoplastics compounding facility as well as a new polypropylene compounding (PPc) plant, at its manufacturing affiliate, Saudi Specialty Chemicals Company (Specialty Chem), in Jubail, as per ArabNews. These new facilities in conjunction with initiatives like the National Industrial Cluster Development Program (NICDP) will help create jobs and act as a catalyst, generating new opportunities in downstream industries such as building and construction, automotive, electrical, health care and appliances.
“These new facilities allow SABIC to further enable its customers’ success by providing them greater access to the diverse portfolio of unique products from SABIC’s Innovative Plastics business, and helping them to deliver further differentiated solutions to the market,” said Mohamed Al-Mady, SABIC vice-chairman and CEO. “Both the engineering thermoplastics compounding and polypropylene investments bring SABIC closer to its customers in the Middle East, Africa, Turkey and India, enabling them to get to market faster,” said Al-Mady.
In the initial phase, the engineering thermoplastics compounding plant will produce SABIC’s Lexan, CYCOLOY, XENOY and VALOX resins.
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}