SABIC is becoming a leading global supplier of raw materials.

Techno - commercial information on plastics Industry - News on Plastics Industry - Plastemart.com

SABIC, a company that began its journey in the field of petrochemicals and plastics two decades ago, has now more than 4 million tonnes capacity of commodity plastics at the various plant sites located in Saudi Arabia. It has more than 2.5% share of the global capacity of these commodity plastic raw materials. The present capacity of the commodity plastics is :

Product	KT	%
PE	2600	65
PP	900	22
PVC	324	8
PS	145	4
PET Bottles	40	1
Total	4009	100

SABIC has the entire range of PE products. HDPE has the largest share while LDPE, the smallest. SABIC is expected to increase this capacity further by almost another 1 million tonne, possibly by the end of 2002. The newer capacities essentially would be for LLDPE and HDPE. SABIC could therefore boast of a total capacity of 5 million tonne by early 2003. Infact SABIC would have more than 4% share of the global polyolefin capacity.

During 2002, it acquired the Polyolefin business of DSM in the Netherlands. With this acquisition SABIC has become the 3rd largest global player in PP and the 4th largest player in PE. SABIC can now play a significant role in the European Polyolefins business. Infact with more than 3.25 million tonnes of commodity plastics traded internationally (outside of middle east), SABIC has truly become a leading global player of commodity plastics in general and more significantly of Polyolefins.

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