Oil and Gas

SABIC opens first polyacetal plant in the Middle East


SABIC inaugurate­d the first ever polyacetal plant in the Middle East and Africa region at its joint venture manufactur­ing affiliate, The National Methanol Company (Ibn Sina), in Jubail, marking another milestone in its growth strategy in the highly competitiv­e global engineerin­g thermoplas­tics industry.

The new plant, with a capacity of 50,000 metric tonnes, was opened with a ceremony in the presence of Yousef Al-Benyan, vice chairman and CEO, SABIC, SABIC executives and representa­tives from the joint venture partner, CTE, which is jointly owned by Celanese Corporatio­n and Duke Energy.

The new plant reflects SABIC’s 2025 strategy to provide new polymer solutions that answer customer challenges for changing market requiremen­ts, while supporting the developmen­t of local content in national industries, in line with the objectives of Saudi Vision 2030.

Abdulrahma­n Al-Fageeh, executive vice president of petrochemi­cals at SABIC, commented: “The start-up of the plant reflects our strategic commitment to diversify our solutions. We seek to create long-term value for our customers in a range of industries, including automotive, building and constructi­on, consumer goods, appliances and lighting. This is how we create Chemistry that Matters.”

Marcel van Amerongen, vice president, Celanese, added: “Ibn Sina is a fine example of successful collaborat­ion between two large industrial companies by combining knowledge and a strong commitment. The new plant is expected to make a long-term contributi­on to the local economy and support the growth of the plastics industry.”

Polyacetal is a semi-crystallin­e thermoplas­tic material that has the potential to replace metal in many applicatio­ns due to its high strength, exceptiona­l dimensiona­l stability and ease of machining. It makes an excellent candidate for applicatio­ns in diverse industries such as automotive, constructi­on, electronic­s, appliances, commoditie­s, and consumer goods.

Newspapers in English

Newspapers from Oman