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(Sabic) -- SABIC’s Innovative Plastics
business today celebrated a major milestone with the official opening of its
specialty polypropylene (PP) compounding operation at its Bay St. Louis,
Mississippi manufacturing site. The new compounding operation will supply SABIC
PP compounds and SABIC STAMAX long glass fiber-filled PP (LGFPP) composites for
a wide range of automotive applications.
SABIC’s new PP operation answers fast-accelerating demand from automotive
OEMs and tiers for local supply of globally-consistent PP materials in North
America, supporting production of both regional and global vehicle platforms.
This is the second time in 17 months that SABIC has opened a PP compounding
facility, having celebrated the start-up of its Genk, Belgium plant in June
2010. SABIC’s PP investments underscore the company’s commitment to provide
high-performance materials that can help automotive OEMs pursue weight reduction
opportunities and achieve energy-efficient improvements in vehicles.
Perspectives of development of the polymers markets, pricing issues and
other important aspects will be discussed at The Polymers
Summit-2011, which will be held in Moscow on November 30, 2011 at the
Ritz Carlton Hotel. The Summit is organized by MRC with the support of ICIS. The main idea
of the Summit is to find a "the golden mean" between producers and converters.
When producers receive exactly such margin of production, which helps them to
invest in production expansion in order to substitute polymers imports, and the
converters receive such price of feedstock that helps them to compete imported
finished products. The Summit site gives an access to the live video of the
Summit, speakers" presentations, as well as opportunities to ask questions or
make appointments to any Summit partcipant.
mrcplast.com
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