SABIC

On January 25, 2018, SABIC, a world leader in chemicals, has agreed to acquire approximately 83 million shares in Clariant AG, a global specialty chemicals company, from 40 North and Corvex Management. The acquisition of this approximately 24.9% stake in Clariant AG will make SABIC the largest Clariant AG shareholder and represents another key milestone in SABIC’s growth and diversification strategy to become the preferred world leader in chemicals. Yousef Al-Benyan, SABIC’s Vice Chairman and CEO, said, “This acquisition is part of SABIC’s long-term growth strategy to remain committed to product differentiation and creating value for its customers. Clariant AG is complementary to SABIC’s existing specialties business and is well in line with SABIC’s strategy of opening up new growth opportunities in specialty chemicals.” SABIC currently has no plans to launch or otherwise effect a full takeover of Clariant AG. S... View more and related images

SABIC, a global leader in the chemical industry, has unveiled a new line of high-clarity, high-heat, injection moldable polycarbonate copolymer resins. LEXAN™ CXT resins can offer a unique balance of high temperature resistance, high flow and excellent color stability under extreme molding conditions, together with a high refractive index. View more and related images

SABIC, a leader in thermoplastic technology, and Shanghai Shengguang, a leading Chinese plastics injection molder, have worked together to highlight the advantages of SABIC’s NORYL™ and LEXAN™ structural foam solutions for metal replacement in large medical equipment components. View more and related images

SAIC General Motors (SGM) has launched in China its new-generation Buick GL8 and GL8 Avenir luxury multi-purpose vehicles (MPVs), which sport the world’s largest polycarbonate (PC) rear quarter window, molded from SABIC’s LEXAN™ resin. View more and related images

HOUSTON, Texas SABIC, a global leader in thermoplastic technology, and PDI, a leader in infection prevention products and solutions for the healthcare industry, today announced the results of a joint study on the environmental stress cracking resistance (ESCR) of SABIC’s materials used for medical device enclosures. The two companies evaluated how well SABIC’s industry-leading thermoplastics withstand repeated exposure to PDI’s Super Sani-Cloth® wipes1, one of the leading surface disinfectants widely used in the healthcare environment to help prevent healthcare-associated infections (HAIs). The study revealed that several of SABIC’s product technologies – including LEXAN™ EXL polycarbonate (PC) resin, XYLEX™ (PC/polyester blend) resin and VALOX™ polybutylene terephthalate (PBT) resin – deliver improved compatibility with PDI’s leading hospital-grade disinfectant. These and other products in SABIC’s rob... View more and related images

Toyota’s special edition 86 GRMN sports car is the first production vehicle to feature a rear quarter window in polycarbonate (PC) material with a plasma-coat solution designed to deliver the highest level of durability performance. The vehicle, exclusive to Japan, exhibited earlier this year at Tokyo Auto Salon 2016. View more and related images