Press release
SABIC Serves Global Caps & Closures Sector by Providing One Source for Diverse, Innovative Materials and Services
Sittard, the Netherlands – December 1, 2010 – At Plastics Caps & Closures 2010, Saudi Basic Industries Corporation (SABIC) is highlighting its innovative polypropylene (PP) and polyethylene (PE) materials and application development capabilities that can help customers achieve key goals, including enhanced sustainability, competitive advantage and a reliable source of supply. Stephan Eltink, International Account Manager for caps & closures, is presenting “Culture of Innovation in Caps & Closures,” on December 1st. He will highlight SABIC solutions that address key industry trends: creation of more environmentally responsible products; the growing division between commodity and value-added closures, and volatility in raw material markets. Eltink will show how the SABIC Culture of Innovation is helping customers create, differentiate and optimize new caps and closures.SABIC is strongly committed to the caps & closures industry and offers a unique value proposition: a global presence, financial stability and reliable access to assets in both Europe and Middle East to ensure a steady, long-term supply of resins. To provide customers a single source for materials and expertise, the company continues to develop new PP and PE materials that improve performance, enhance sustainability and reduce system costs in applications ranging from healthcare to specialty and high-volume packaging.
Innovative Materials Boost Sustainability, Drive Down Costs
For example, SABIC® HDPE organo grades for still water caps utilize high-efficiency slurry technology to help reduce off-flavors while offering a reduced carbon footprint of up to 17 percent vs. gas phase technology.
According to Mario Scholle, Business Manager HDPE Europe, “SABIC successfully tackled the sustainability challenge of removing residual chemicals from our HDPE resins to reduce off-tastes from plastic caps. Traditional methods used a great deal of energy. We used our innovative slurry process that produces HDPE with superior organoleptic properties but requires much less energy. This is a great example of how SABIC has raised the bar for both product quality and sustainability.”
A number of SABIC resins have been developed to reduce system costs through optimized processing, faster crystallization and improved mechanical properties to enable down-gauging.
SABIC® PP QRYSTAL clarified PP random copolymers for crystal-clear overcaps and airless closures enable lower processing temperatures that reduce energy by up to 15 percent, cutting costs and emissions.
Guido Croonen, Business Manager, Polypropylene noted, “Our QRYSTAL grades, which process at lower temperatures than traditional materials, not only save energy but also accelerate crystallization and cooling for shorter cycle times. These innovative materials can make a significant contribution to lower system costs and higher productivity.”
Collaboration Across the Application Development Cycle
To assist customers with application design, development, testing and process optimization, SABIC has a dedicated team focused on the caps & closures sector and a comprehensive sustainability department. SABIC experts can help customers target the best materials instead of going through a time-consuming trial and error process. Technical specialists collaborate with customer teams early in the process to align materials with design, streamline the transition to commercial production and accelerate time to market.
About SABIC
Saudi Basic Industries Corporation (SABIC) ranks among the world’s top six 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.
SABIC recorded a net profit of SR 9 billion (US$ 2.4 billion) in 2009. Sales revenues for 2009 totaled SR 103 billion (US$ 27 billion). Total assets stood at SR 297 billion (US$ 79.2 billion) at the end of 2009.
SABIC’s businesses are grouped into Chemicals, Polymers, Performance Chemicals, Fertilizers, Metals and Innovative Plastics. SABIC has significant research resources with six dedicated Technology & Innovation Centers in Saudi Arabia, Europe, the USA and India. The company operates in more than 40 countries across the world with 33,000 employees worldwide.
The company has 19 world-scale complexes in Saudi Arabia. Elsewhere, SABIC manufactures on a global scale in the Americas, Europe and Asia Pacific. SABIC’s overall production has increased from 35 million metric tons in 2001 to 59 million metric tons in 2009.
Headquartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70 percent of SABIC shares with the remaining 30 percent held by private investors in Saudi Arabia and other Gulf Cooperation Council countries.
About SABIC in Europe
In Europe, SABIC has 13 world-scale production facilities which manufacture innovative plastics, polyethylenes, polypropylenes and chemical products. Throughout Europe, SABIC employs approximately 6000 people.
The main European offices for three of SABIC’s strategic business units are located in The Netherlands - Innovative Plastics (Bergen op Zoom), Polymers (Sittard) and Chemicals (Sittard). They operate an extensive network of local sales offices and logistical hubs throughout Europe which are also responsible for the sales of products manufactured elsewhere in the world.
SABIC’s European research facilities form part of the global Technology and Innovation organization and can be found in the Netherlands (Geleen and Bergen op Zoom) and Spain (Cartagena).
Media Notes
• As an acronym, SABIC should be all caps whenever it appears in print.
• ® Trademark of SABIC
Marketing Solutions
Stephanie Wakkee
Box 6
2950
Kapellen
Belgium
0031164317012
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release SABIC Serves Global Caps & Closures Sector by Providing One Source for Diverse, Innovative Materials and Services here
News-ID: 153909 • Views: …
More Releases from SABIC

SABIC launches new LNP™ compound offering easy plating with LDS, warpage contr …
SABIC, a global leader in the chemical industry, today introduced LNP™ THERMOCOMP™ OFC08V compound, a material well suited for 5G base station dipole antennas and other electrical/electronic applications. This new compound can help the industry develop lightweight, cost-effective, all-plastic antenna designs that facilitate deployment of 5G infrastructure. In an era of increasing urbanization and smart cities, broad availability of 5G networking is urgently needed to provide fast, reliable connectivity for…

SABIC COLLABORATES WITH KRATON FOR CERTIFIED RENEWABLE BUTADIENE TO PRODUCE CERT …
SABIC, a global leader in the chemical industry, has announced a new collaboration with Kraton, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, to deliver certified renewable butadiene from its TRUCIRCLE™ portfolio for use in Kraton's certified renewable styrenic block copolymers (SBC). This effort forms part of SABIC's 2025 strategy, which includes a Sustainability Development Goal roadmap spanning the organization's…

SABIC’s new ISCC+ certified bio-based LNP™ ELCRIN™ copolymer resin helps t …
SABIC, a global leader in the chemical industry, has introduced LNP™ ELCRIN™ EXL7414B copolymer, the company’s first bio-based polycarbonate (PC) copolymer to help advance the consumer electronics industry’s net-zero carbon emissions goals. The new copolymer is the first grade in an expanding portfolio to secure the International Sustainability and Carbon Certification Plus (ISCC+) designation. It is formulated with over 50 percent bio-based content from waste materials, which do not compete…

SABIC opens new pp compounding line in Genk, Belgium to meet growing demand in a …
SABIC, a global leader in the chemical industry, has announced today the start-up of its new polypropylene (PP) compounding line in Genk, Belgium with a virtual inauguration event. The new line is an addition to the company’s existing production capacity for SABIC® polypropylene compounds at the Genk site and will use raw materials from SABIC’s PP plants at Gelsenkirchen, Germany, and Geleen, The Netherlands. It has been equipped with cutting-edge…
More Releases for Europe
2019 Strategy Consulting Market Analysis | McKinsey, The Boston Consulting Group …
Strategy Consulting Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends
Need for strategic planning in highly competitive environment and to develop business capabilities to meet & exceed the emerging requirements are the major drivers which help in surging…
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe…
Digital Strategy Consulting Market is Thriving Worldwide with Deloitte, McKinsey …
A Digital Strategy is a form of strategic management and a business answer or response to a digital question, often best addressed as part of an overall business strategy. A digital strategy is often characterized by the application of new technologies to existing business activity and focus on the enablement of new digital capabilities to their business.
A new report as a Digital Strategy Consulting market that includes a comprehensive analysis…
Strategy Consulting Market 2019: By McKinsey, The Boston Consulting Group, Bain …
This report studies the global Strategy Consulting market, analyzes and researches the Strategy Consulting development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• McKinsey
• The Boston Consulting Group
• Bain & Company
• Booz & Co.
• Roland Berger Europe
• Oliver Wyman Europe
• A.T. Kearney Europe
• Deloitte
• Accenture Europe
Get Sample Report@ https://www.reporthive.com/enquiry.php?id=1247388&req_type=smpl&utm_source=AB
Market segment by Type, the product can be split into
• Operations Consultants
• Business Strategy Consultants
• Investment Consultants
• Sales and…
Strategy Consulting Market Analysis 2018: McKinsey, The Boston Consulting Group, …
Orbis Research Present’s “Global Strategy Consulting Market” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage.
The global Strategy Consulting status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Strategy Consulting development in United States, Europe and China.
In 2017, the global Strategy Consulting market size was million US$ and it is expected to reach million…
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This…