SABIC FIRST IN CHINA WITH NEW POLYPROPYLENE IMPACT COPOLYMER GRADE FOR CONSUMER PRODUCTS

Guangzhou, China, May 20, 2013 – SABIC today announced its new polypropylene (PP) impact copolymer (ICP) grade PP77MK40T, manufactured in China for the local market. PP77MK40T is the first product of its type to be made locally, paving the way for a more efficient supply chain, quicker time-to-market and enhanced competitiveness for our customers in China.

“Consumers are increasingly demanding a wider range of products that are economical, practical, durable and environmentally friendly. SABIC understands what consumers want and is designing products bearing these demands in mind, which in turn supports China’s ultimate drive towards sustainability and reliability,” said Gary Lam, Director, Polypropylene, Polymers, Asia Pacific, SABIC.

PP77MK40T is produced using the Spherizone multi-zone circulating reactor slurry process. The technology behind PP77MK40T enables superior colour stability and high impact resistance even at low temperatures. The high inherent tensile strength of this product allows a more advantageous strength-to-weight ratio, which allows products and sub-assemblies to be produced with reduced thickness and weights without compromising strength. This, in turn, reduces the amount of material need for manufacturing and consequently cuts waste and impact on the environment on a per part basis, reaffirming SABIC’s commitment towards sustainability.

PP77MK40T is suitable for production of garden furniture, household items, battery casings, containers, toys, crates and boxes, and enriches the Polymers portfolio in SABIC.

The real-life applications and real-world impact of SABIC’s portfolio of innovative and sustainable products are showcased at the Archi-Light Concept House which is open to all visitors to Chinaplas 2013 on May 20 – 23 in Hall 10.2 B31, China Import and Export Fair Pazhou Complex, Guangzhou.

To learn more about SABIC, please visit www.sabic.com/asia/en/‎.

About SABIC

Saudi Basic Industries Corporation (SABIC) ranks among the world’s top petrochemical companies. The company is among the world’s market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.

SABIC recorded a net profit of SR 24.72 billion (US$ 6.59 billion) in 2012. Sales revenues for 2012 totaled SR 189 billion (US$ 50.40 billion). Total assets stood at SR 338 billion (US$ 90.13 billion) at the end of 2012.

SABIC’s businesses are grouped into Chemicals, Polymers, Performance Chemicals, Fertilizers, Metals and Innovative Plastics. SABIC has significant research resources with 18 dedicated Technology & Innovation facilities in Saudi Arabia, the USA, the Netherlands, Spain, Japan, India, China and South Korea. The company operates in more than 40 countries across the world with around 40,000 employees worldwide.

SABIC manufactures on a global scale in Saudi Arabia, the Americas, Europe and Asia Pacific.

Head-quartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70 per cent of SABIC shares with the remaining 30 per cent held by private investors in Saudi Arabia and other Gulf Cooperation Council countries.

About SABIC Asia

Established since 1980, SABIC Asia has over 40 offices and more than 2,400 employees across the region. With 9 manufacturing and compounding sites in China, India, Japan, Korea, Malaysia, Singapore and Thailand, SABIC constantly strives to better serve our customers in the Asian region. A leading global organization in research and technology, we have two Application Centers in Japan and Korea, one Technology Center in Baroda, India and two upcoming Technology Centers in Bangalore, India and Shanghai, China. Today, Asia is SABIC’s fastest growing region globally with strong double digit growth.

Technical Product enquiries:

Please contact SABIC Technical Marketing
Email: sappl@sabic.com.sg
Tel: +65 6557 2555

SABIC Media contact:

Lili Koh
Director, Corporate Communications Asia
Email: lili.koh@sabic.com.sg
Tel: +65-6531-8239