SABIC Expands Industry’s Broadest Polycarbonate Portfolio with the Introduction of SABIC® PC Resin

Pittsfield, MA, May 19, 2011 --(PR.com)-- The new transparent PC resin features the same outstanding product quality that customers have come to expect from Innovative Plastics and is targeted for high-volume extrusion, custom compounding, general purpose and optical-quality applications. The material is manufactured at SABIC’s SAUDI KAYAN PC facility in Jubail Industrial City, Saudi Arabia and will be used to supply the fast growing Asia market, as well as the Middle East and Europe. This new product will enable Innovative Plastics to provide customers with the broader range of PC resins they require for steady business growth and expansion.

Since being one of the first inventors of PC nearly 60 years ago, Innovative Plastics’ PC portfolio has evolved into the industry’s most expansive, including Lexan* PC sheet and film, PC blends that offer additional performance properties and design freedom, PC compounds for specialty performance, and Lexan PC copolymers which add new and unique dimensions to the material’s already superior properties. The long heritage of innovation and consistent product quality has made Lexan resin one of the world’s most trusted and preferred PC brands.

“Building on our global polycarbonate success, the addition of SABIC PC reaffirms our continuing commitment to the polycarbonate industry as we keep pace with the growing markets and our customers’ expanding needs,” said William Russell, polycarbonate business leader, Innovative Plastics. “We are proud of our position as a world-leading producer of polycarbonate, reflecting our 80 years as an innovator in the engineering thermoplastics industry.”

"As the world’s largest optical disc manufacturers, we are pleased to be working with a trusted and reliable supplier such as Innovative Plastics who continues to innovate and broaden their polycarbonate product portfolio," said Mr. Bob Wong, Chairman, CMC Magnetics Corporation. "The introduction of a new optical quality grade of SABIC PC resin will help us more readily serve our customers’ needs in the growing Asian region.”

Strong Product Performance

SABIC PC resin is an amorphous thermoplastic material that offers water clear transparency and excellent mechanical, optical, electrical and thermal performance. Specific attributes include high impact strength and heat resistance, dimensional stability at elevated temperatures, ultraviolet resistance and excellent processability. The SABIC PC resin offering has the potential for use in high-volume production processes such as compact disc manufacturing and sheet extrusion.

For additional information on Innovative Plastics’ SABIC PC resin products, please go to www.sabicpc.com. For technical product inquiries, please contact us at www.sabic-ip.com/prtechinquiry.

About Saudi Basic Industries Corporation

Saudi Basic Industries Corporation (SABIC) ranks among the world’s top petrochemical companies, and is a global market leader in the production of polyethylene, polypropylene, advanced thermoplastics, glycols, methanol and fertilizers. SABIC manufactures with a global footprint in Saudi Arabia, the Americas, Europe and Asia Pacific. The company operates in more than 40 countries across the world with 33,000 employees worldwide. It has significant research resources with 18 dedicated Technology & Innovation facilities in Saudi Arabia, the USA, the Netherlands, Spain, India and China. SABIC recorded a net income of SR 21.59 billion (US$ 5.73 billion) in 2010, and sales revenues totaled SR 152 billion (US$ 40.5 billion).

About Innovative Plastics

The Innovative Plastics strategic business unit of SABIC is a leading, global supplier of engineering thermoplastics with an 80-year history of breakthrough solutions that solve its customers’ most pressing challenges. Today, Innovative Plastics is a multi-billion-dollar company with operations in more than 35 countries and approximately 9,000 employees worldwide. The company continues to lead the plastics industry with customer collaboration and continued investments in new polymer technologies, global application development, process technologies, and environmentally responsible solutions that serve diverse markets such as automotive, electronics, building & construction, transportation, and healthcare. The company’s extensive product portfolio includes thermoplastic resins, coatings, specialty compounds, film, and sheet. Innovative Plastics (www.sabic-ip.com) is a wholly owned subsidiary of Saudi Basic Industries Corporation (SABIC).

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® SABIC is a registered trademark of SABIC.
* Trademark of SABIC Innovative Plastics I.P. B.V.