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Sabic names DKSH as distribution partner in Asia

January 22/2020

MOSCOW (MRC) -- Saudi Arabian chemicals major Sabic has named Swiss market expansion services group DKSH as a key distribution partner, said the company.

Financial details of the partnership were not disclosed.

As part of its strategy to foster the additional growth of its Specialties business, and to provide outstanding service to its customers in Asia Pacific, Sabic has named DKSH as a key distribution partner, serving SABIC customers for specialty engineering thermoplastics in Greater China, South Korea, and Southeast Asia.

This collaboration involves SABICs complete portfolio of specialty materials, including NORYL resins (polyphenylene ether-based materials), ULTEM resins (polyetherimide materials), LNP compounds and the full range of polycarbonate-based high-performance copolymers.

"We are delighted to welcome DKSH to our distribution network, as we seek to further expand our delivery of high-performance thermoplastic materials solutions, along with outstanding service, to our Specialties customers in Asia, said Martin Tam, Director, Customer Fulfillment, APAC, Specialties, SABIC. This collaboration will support existing customers, and help grow our customer base in strategic industries in Asia Pacific, including the key markets of China, Indonesia, Korea, Thailand, Singapore and Malaysia."

Sabic Europe, an affiliate of Sabic, conducted maintenance works at its cracker No.3 at Geleen site in the Netherlands this autumn. The planned maintenance started in September and lasted around 2 months. The company operates two steam crackers in Geleen which are capable of producing 1,250,000 tons/year of ethylene and 675,000 tons/year of propylene in total.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,724,670 tonnes in the first ten months of 2019, up by 7% year on year. Shipments of all PE grades increased. The estimated PP consumption in the Russian market in January-October 2019 totalled 1,066,520 tonnes, up by 7% year on year. Supply of block copolymers of propylene (PP block copolymer) and homopolymer of propylene (homopolymer PP) increased, demand for statistical copolymers (PP random copolymer) decreased.

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.

DKSH holds a leading position within the distribution of specialty chemicals across Asia, including polymers. Their specialty and business development approach relies on a strong commitment to R&D through a network of nine specialty chemicals innovation centers in the region.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, ethylene, Sabic.
Category:General News
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