SABIC and Chongqing Government Sign Memorandum of Understanding To Build Engineering Thermoplastics Compounding

Published Oct 27, 2011

CHONGQING, China — Oct. 27, 2011 — SABIC’s Innovative Plastics business, Chongqing Xiyong Micro-electronics Industrial Park, and the Chongqing Economic and Informatization Commission today announced a memorandum of understanding where SABIC would establish an engineering thermoplastics compounding plant in Chongqing, China. The move supports the Chinese government’s 12th Five-Year Plan to expand into the country’s western region and reinforces SABIC’s commitment to build on its long heritage of serving this important marketplace with innovative and consistently high-quality materials solutions. Chongqing has already established itself as an important industrial hub for global computer, consumer electronics and automotive manufacturers – critical industry segments that SABIC has long served with local materials technology and manufacturing, application development expertise, and design assistance.