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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

K2010: Sabic Plans to Enter Polyurethanes Business

8:48 AM MDT | October 29, 2010 | —natasha alperowicz IN dÜsseldorf

Sabic is finalizing technology-licensing agreements that would enable the company to produce polyurethanes (PU) in Saudi Arabia, Mohamed Al Mady, Sabic CEO told a press conference at the K triennial plastics exhibition, held recently in Düsseldorf. The project would represent Sabic’s entry into the PU business and would be implemented by the company’s performance chemicals strategic business unit (SBU), the newest of Sabic’s SBUs and one that is key to Sabic’s plans for diversification into downstream products. The company is also looking to establish PU...

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