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SABIC to Increase Supply of Automotive Light-Weighting Material STAMAX(TM) in China

2014-04-23 06:00:00| Industrial Newsroom - All News for Today

Shanghai &mdash; SABIC's Innovative Plastics business announced today that it is proceeding with an investment in a production line for STAMAX long glass fiber-reinforced polypropylene (LGFPP) at its manufacturing site in Shanghai, China. The new capacity, expected to come on stream during the second half of 2015, brings SABIC's STAMAX operations closer to customers in China and Asia Pacific and responds to increased demand for the lightweight LFGPP material from automakers in the region.<br ...This story is related to the following:Chemical Processing and Waste ManagementSearch for suppliers of: Polypropylene Resins |

Tags: material china increase supply

 

Sabic Seeks China Expansion on Rising Costs, Lower Sales Prices

2014-04-20 19:57:01| Chemicals - Topix.net

Saudi Basic Industries Corp. plans to expand global investments, mainly in China , as the world's largest petrochemicals maker posts a lower first-quarter profit amid a shortage of raw materials in its home market.

Tags: sales china prices lower

 
 

SABIC registers SR 6.44 billion net profits in 1st quarter

2014-04-20 15:52:29| Chemicals - Topix.net

WAM RIYADH, 20th April, 2014 -- Saudi Basic Industries Corporation, SABIC, has achieved net profits amounting to SR 6.44 billion in the first quarter of the fiscal year 2014, down 1.83 % compared to the same period last year.

Tags: net 1st quarter billion

 

Xiaomi Inc. Selects Three SABIC Materials to Develop Its Ultra-Slim, New Mi2A Smartphone

2014-02-10 06:00:00| Industrial Newsroom - All News for Today

LONDON &mdash; Xiaomi Inc. selects three SABIC materials to develop its ultra-slim, new Mi2A smartphone line SABIC's Innovative Plastics business enabled mobile internet company Xiaomi to develop its  Mi2A smartphone that addresses growing consumer requirements such as thinner, more durable walls, and an antenna-integrated frame. Since their inception, manufacturers have worked to make smartphones increasingly thin, compact and lightweight to keep pace with growing consumer demands. In ...This story is related to the following:Materials and Material ProcessingSearch for suppliers of: Thermal Compounds

Tags: develop materials smartphone selects

 

SABIC Registers SR 25.23 Billion Net Profits for Fiscal Year 2013

2014-01-19 17:43:10| Chemicals - Topix.net

In a statement issued today, the Corporation pointed out that dividends per share within 12 months amounted to SR 8.41 compared to SR 8.26 for the same period of the year 2012.

Tags: net year fiscal billion

 

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