IHS Chemical Week

Chemical Week Magazine :: Top of the Week

Sabic to Acquire GE Plastics for $11.6 Billion

8:52 AM MDT | September 5, 2007 |

Robert Westervelt

Sabic has reached an agreement with General Electric (GE) to acquire GE Plastics for $11.6 billion. “This business is complementary to our existing business without any overlaps,” says Mohamed Al-Mady, Sabic vice chairman and CEO. “Sabic’s intention is to grow the business globally.” The deal is subject to regulatory review and expected to close by the third quarter. Al-Mady: Will grow business globally. GE Plastics, a leading producer of polycarbonate (PC) and other engineering plastics, reported 2006 sales of $6.6 billion and net...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa