Saudi Basic Industries Corp.-Sabic
Chemical players in the Middle East and the Persian Gulf region have been urged to accelerate transformation and form 'win-win' partnerships to future proof their operations and leverage capital and risk sharing.
North American compounders and concentrate makers are reporting solid results for 2018, even as supply chain issues have caused some bumps in the road.
Swiss materials supplier Clariant AG and Saudi chemical company Sabic are to merge parts of their businesses in a bid to create a leading supplier of high-performance materials. The deal does not include several well-known Sabic materials that originated with GE Plastics.
Six major petrochemicals firms each have donated $1 million to relief efforts in the wake of Hurricane Harvey.
Officials with Saudi Basic Industries Corp. say that the firm is meeting material orders at the same rate that it was before it began to install a new computer system in October. But supply problems still are causing chaos for many North American plastics processors.
Saudi Basic Industries Corp. (Sabic) has debuted what officials say is the largest-ever polycarbonate rear quarter auto window.
Materials maker Saudi Basic Industries Corp. will open a new polypropylene resin pilot plant in Europe next year, and is advancing in polymer foam as well.
Several North American plastics processors and other market sources have reported the delays. Many of the concerns were around delayed deliveries of Sabic's Lexan-brand polycarbonate.
Saudi Basic Industries Corp. (Sabic) has sold its Polymershapes business to Blackfriars Corp. for an undisclosed price.
Saudi Basic Industries Corp. is considering a petrochemical project on the U.S. Gulf Coast that would be jointly owned with ExxonMobil Chemical Co.
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