Sabic looks east to expand plastics operation

Saudi Arabian Basic Industries Corporation (SABIC) is taking part in ChinaPlas 2003, a Far East Plastics exposition, as is seeks to increase production to meet demand from the region.

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By  Patrick Phelvin Published  December 4, 2003

Saudi Arabian Basic Industries Corporation (SABIC) is taking part in ChinaPlas 2003, a Far East Plastics exposition, as is seeks to increase production to meet demand from the region.

“China is the world’s fastest growing plastics market, and its demand for petrochemicals has grown at a rapid pace (7.6% annually) over the past 10 years. For the next two years, demand is expected to continue to grow at 7.4% annually,” says Yousef Al-Benyan, General Manager of SABIC Asia Pacific. “SABIC is expanding its operations to help meet this demand, and has six key projects coming on stream by 2006. SABIC’s production is now more than 40 million metric tons per year, and the company’s planned construction, debottlenecking and expansion projects are expected to increase production capacity by over 10%.”

SABIC is one of the largest polymer providers to China.

“We are committed to helping our customers succeed in their businesses. This commitment is underpinned by our high level of service; the quality of our products; and the efficiency and dependability of the way we deliver our products to the China market.”
SABIC has warehouse facilities in Hong Kong, Shanghai and Shenzhen, which have helped to dramatically reduce delivery times to its customers,” adds Al-Benyan.
“Participating in ChinaPlas gives us a chance to introduce SABIC to potential new customers. For our existing customers, it provides an opportunity for us to thank them for their invaluable support, and to foster stronger partnerships and friendships.”

Widely recognized as the most established and most influential international trade fair for the plastics and rubber industry in China, ChinaPlas 2003 is being held from December 4 to 7, 2003 at the China International Exhibition Centre in Beijing.

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