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SABIC launches new Polypropylene impact copolymer grades

Saudi Basic Industries Corporation (SABIC) yesterday announced the introduction of three new Polypropylene impact copolymer grades to the international market.

The new grades will be produced by the Saudi European Petrochemical Company (Ibn Zahr), a 70% owned affiliate of SABIC, based in Al-Jubail on the Gulf coast of Saudi Arabia.

Announcing the new grades, Mustafa Al-Sahan, SABIC's General Manager of Polypropylene Marketing said: "I am delighted to announce the expansion of SABIC's range of polypropylenes here at the IranPlast exhibition in Tehran. The introduction of these new grades adds to our product offering, and places SABIC at the forefront of world polypropylene production. These new grades should be available for sale to our customers across the globe by the 2nd quarter of 2003."

Polypropylene Impact Copolymer has a variety of impact strength levels - medium, high and extra high. PP575H, PP790S and PP777Z will be the commercial trade names of the new SABIC polypropylene copolymers with respective Melt Flow Rates (MFR) of 8, 12, and 25.

SABIC's polypropylene impact copolymer grades are intended for use in injection molding processes. These new grades are particularly suited for battery cases, automotive parts, compounding base stock, industrial applications, rigid packaging and thin wall applications.

The SABIC polymer portfolio now includes low-density polyethylene (LDPE), Linear low-density polyethylene (LLDPE), high-density polyethylene (HDPE), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC), and polyethylene terephthalate (PET). SABIC is one of the few suppliers in the world to manufacture all five of the most widely used thermoplastic resins. As our customer needs expand or change, SABIC is ready to meet them.

 
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Notes and Media Contacts »

Companies interested in the new grades should contact Abdulnasser Al-Babtain on +966 1225 8866.

Issued on behalf of SABIC by Gulf Hill & Knowlton. For further information please contact Marc Cornelius on Tel: 00973 533532 or Rob Foyle on Tel:009661 225 8034.

Mustafa Al-Sahan
General Manager, Polypropylene Marketing

The Middle East's largest petrochemicals company, SABIC, is based in Riyadh, Saudi Arabia.

It was founded in 1976, when the Saudi Arabian Government decided to use hydrocarbon gases released in the production of oil as raw material for the production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70% of SABIC shares, with the remaining 30% held by private investors in Saudi Arabia and other countries of the Gulf Cooperation Council (GCC).

SABIC's business activities have been restructured and a new management model became effective on 1 September 2002. There are now six Strategic Business Units (SBUs): Basic Chemicals; Intermediates; Polyolefins; PVC & Polyester; Fertilizers and Metals. Two new divisions have been created: Global Businesses (which will be responsible for overseas business) and a Shared Services organization (which will become operational in early 2003). Supporting all these functions is a corporate core consisting Human Resources; Corporate Finance; Corporate Control and Research & Technology.

SABIC has two large industrial sites in Saudi Arabia - Al-Jubail and Yanbu - with sixteen world-scale production complexes. Some of these production complexes are operated with multi-national partners such as Exxon Mobil, Shell, Fortum, Ecofuel/ENI and Mitsubishi Chemicals. In addition, SABIC has interests in three production complexes in Bahrain. Over the last 16 years, SABIC's overall production capacity has increased considerably. In 2001 it amounted to 34.42 million metric tons.

SABIC EuroPetrochemicals owns two petrochemical production sites in Geleen (Netherlands) and Gelsenkirchen (Germany) for the production, marketing and sales of polypropylenes, polyethylenes and hydrocarbons. They annually sell about 2.6 million tonnes of polymers, mainly in Europe. About 2,300 people are employed at SABIC EuroPetrochemicals.

SABIC employs over 16,000 people worldwide, most of whom are based in Saudi Arabia. In 2001 SABIC posted sales of approximately SR29bn (EUR8.9bn) and a net profit of approximately SR1.8bn (EUR550m).

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