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K2010: Sabic to Enter Polyurethanes Business

9:48 AM MDT | October 27, 2010 | Natasha Alperowicz in Düsseldorf

Sabic is finalizing technology-licensing agreements that would enable the company to produce polyurethanes (PU), Mohamed Al Mady, Sabic CEO told a press conference this morning at the K triennial plastics exhibition taking place in Düsseldorf. The project would represent Sabic's entry into the PU business and would be implemented by the company's performance chemicals business unit (SBU), the newest of Sabic's SBUs and one that is key to Sabic's plans to diversify into downstream products. The company is also looking at establishing PU systems houses.. In an...

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