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

Performance Chemicals Are Key to Sabic’s Diversification Plans

8:40 AM MDT | July 23, 2010 | NATASHA ALPEROWICZ

Performance chemicals, the youngest of Sabic’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 Sabic’s proprietary technology. The business also includes production of dioctyl phthalate and 2-ethyl hexanol manufactured at Jubail as well...

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