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SABIC positioned to meet rising automotive OEM demand for PP in North America

November 24/2011

(Sabic) -- SABICs 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.


SABICs 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. SABICs PP investments underscore the companys 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.


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Tags:PP, Sabic.
Category:General News
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