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SABIC Announces Polycarbonate Capacity Expansions in Asia to Support Region’s Strong Growth
The Innovative Plastics business unit of SABIC today announced here at Chinaplas 2011, booth 10.2E21, that it is adding new production lines of the company’s world-renowned Lexan* polycarbonate (PC) resins and films in Shanghai and Nansha, China.
“Our nearly 60-year-old commitment to polycarbonate remains unmatched – from a relentless focus on innovation, to continued investments in global capacity, to a team of polycarbonate experts including a highly trained sales force, application development specialists, and process development engineers around the globe,” said William Russell, polycarbonate business leader, Innovative Plastics. “The size and diversity of our performance-
Reliable Supplies of Lexan Resin Help Drive Asian Customer Growth
Innovative Plastics is adding dedicated compounding production lines of its iconic Lexan PC resin at its Shanghai facility in early 2012. This capacity increase will ensure ample, reliable supplies of Lexan resins and Lexan specialty copolymers to help drive Asian customer growth. This addition comes on the heels of a similar Lexan compounding expansion in Nansha in late 2010.
The company’s Lexan resin is known for its broad, global portfolio and is produced to meet increasing capacity demand for key industries including consumer electronics, electrical, solar and automotive. Lexan specialty copolymers provide extreme high heat resistance; excellent flow/ductility;
Increased Production of High-Demand Specialty Films
Innovative Plastics is also adding a new, state-of-the-
This expansion addresses accelerating market demand for specialty film materials for high-end film applications in consumer electronics, automotive and security segments where these materials are widely used in applications such as automotive navigational display units; notebook PCs; monitors; and liquid crystal display/light emitting diode (LCD/LED) TVs.
This Innovative Plastics investment of specialty film lines in Asia underscores the company’s commitment to the consumer electronics OEMs and converters by providing high-functional film products that can significantly reduce total system costs.
Since its invention in 1953 by Dr. Daniel Fox, Lexan PC resins have made history in diverse industries. The versatility, clarity and high performance of this unique material have led to thousands of applications for work and play. Today, the Lexan portfolio encompasses a tremendous range of resins, compounds, sheet products and films, many with specialized attributes such as non-halogenated flame retardance, low-temperature ductility, optical properties and special colors and effects.
For additional information on Innovative Plastics’ Lexan products, please go to www.sabic-ip.com. For technical product inquiries, please contact us at www.sabic-ip.com/
About Saudi Basic Industries Corporation
Saudi Basic Industries Corporation (SABIC) ranks among the world’s top petrochemical companies, and is a global market leader in the production of polyethylene, polypropylene, advanced thermoplastics, glycols, methanol and fertilizers. SABIC manufactures with a global footprint in Saudi Arabia, the Americas, Europe and Asia Pacific. The company operates in more than 40 countries across the world with 33,000 employees worldwide. It has significant research resources with 18 dedicated Technology & Innovation facilities in Saudi Arabia, the USA, the Netherlands, Spain, India and China. SABIC recorded a net income of SR 21.59 billion (US$ 5.73 billion) in 2010, and sales revenues totaled SR 152 billion (US$ 40.5 billion).
About Innovative Plastics
The Innovative Plastics strategic business unit of SABIC is a leading, global supplier of engineering thermoplastics with an 80-year history of breakthrough solutions that solve its customers’ most pressing challenges. Today, Innovative Plastics is a multi-billion-
* Trademarks of SABIC Innovative Plastics IP B.V.