SABIC LAUNCHES NEW UDMAX™ THERMOPLASTIC COMPOSITE TAPE FEATURING HIGH STRENGTH FOR PIPE AND PRESSURE VESSEL REINFORCEMENT

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• SABIC should be written in every instance in all uppercase.
• © 2018 Saudi Basic Industries Corporation (SABIC). All Rights Reserved.
• Any brands, products or services of other companies referenced in this document are the trademarks, service marks and/or trade names of their respective holders.

ABOUT SABIC

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.

NOTE TO EDITORS ABOUT SABIC AT CHINAPLAS AND NPE 2018

SABIC will exhibit at Chinaplas 2018 (booth #6.2G51) in Shanghai, China, from April 24-27, 2018, and at NPE 2018 (booth #S19001) in Orlando, Fla., USA, from May 7 – 11, 2018. At both events, the company will share new developments and showcase a range of innovative solutions from both its petrochemicals and specialty plastics portfolios for end-use applications across multiple industries, including transportation, building & construction, healthcare, consumer, electronics & electrical, and packaging.