SABIC’s new PP extrusion line is now operational in The Netherlands
SABIC, a global leader in the chemical industry announced today the start-up of its new Polypropylene (PP) extrusion facility in Geleen, The Netherlands. This new extrusion line adopts state-of-the-art process technology to produce SABIC® PP products and the next generation PP copolymers and underlines the company’s drive to provide advanced materials that can support customers developing new lightweight applications in industries such as packaging, appliances, automotive, healthcare and help them reduce energy consumption in their process manufacturing.
(firmenpresse) - In line with SABIC
Across industry, there is an increasing need for material solutions that are sustainable, cost-efficient and compliant with ever-tougher regulations. At the same time, they must provide increased process efficiency, while delivering improved functionality.
The new PP extrusion facility will be located next to the existing polymerization plant in Geleen where SABIC has a full-scale plant and the Global Technology Center for Europe. This new investment is an important step in growing and developing the company
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Unternehmensinformation / Kurzprofil:
SABIC is a global leader in diversified chemicals headquartered in Riyadh, Saudi Arabia. We manufacture on a global scale in the Americas, Europe, Middle East and Asia Pacific, making distinctly different kinds of products: chemicals, commodity and high performance plastics, agri-nutrients and metals.
We support our customers by identifying and developing opportunities in key end markets such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy.
SABIC recorded a net profit of SR 17.8 billion (US$ 4.8 billion) in 2016. Sales revenues for 2016 totalled SR 132.8 billion (US$ 35.4 billion). Total assets stood at SR 316.9 billion (US$ 84.5 billion) at the end of 2016. Production in 2016 stood at 72.7 million metric tons.
SABIC has more than 35,000 employees worldwide and operates in more than 50 countries. Fostering innovation and a spirit of ingenuity, we have 12,191 global patent filings, and have significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South Asia and North Asia.
The Saudi Arabian government owns 70 percent of SABIC shares with the remaining 30 percent publicly traded on the Saudi stock exchange.
Kevin Noels
Marketing Solutions
Box 6
2950 Kapellen
Belgium
+31164317011
Datum: 18.12.2017 - 08:48 Uhr
Sprache: Deutsch
News-ID 1530658
Anzahl Zeichen: 4244
contact information:
Contact person: Kevin Noels
Town:
Sittard
Phone: +31164317011
Kategorie:
Chemical industry
Typ of Press Release: Produktinformation
type of sending: Veröffentlichung
Date of sending: 18-12-2017
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