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People & Business :: Companies

Sabic Forms Specialties SBU;Targets Second Slot in Polyolefins

2:05 PM MDT | August 8, 2007 | Natasha Alperowicz

Sabic says it has established a strategic business unit (SBU), specialty products, which will produce “new, high-value special derivatives.” The move forms part of Sabic’s plans to establish itself as a major player in specialty chemicals. Specialty products is Sabic’s sixth SBU. The other five are basic chemicals, intermediates, polymers, fertilizers, and metals. Sabic recently combined its polyvinyl chloride, polyester, and polyolefin operations to create the polymers SBU. Al-Mady: Getting big on all fronts. Entering specialty chemicals...

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