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Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Performance Chemicals Are Key to Sabicâ€™s Diversification Plans
8:40 AM MDT | July 23, 2010 | NATASHA ALPEROWICZ
Performance chemicals, the youngest of Sabicâ€™s six strategic business units (SBU), is on course to grow revenue by a factor of 10 by 2015, CW has learned. The business generates sales of about $500 million/year. It makes linear alpha-olefins and higher alpha-olefins in the C6 and higher range at Jubail, Saudi Arabia through Sabic subsidiary Jubail United, and acetic acid at Yanbu through subsidiary Ibn Rushd, all using Sabicâ€™s proprietary technology. The business also includes production of dioctyl phthalate and 2-ethyl hexanol manufactured at Jubail as well...
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