SABIC and SINOPEC have announced the commercial operation of a new polycarbonate (PC) plant at their 50-50 joint venture – SINOPEC SABIC Tianjin Petrochemical Co. Ltd. (SSTPC). The event was attended by Khalid Hashim Al-Dabbagh, Chairman of SABIC, and Ma Yongsheng, Chairman of SINOPEC.
Polycarbonate, known for its transparency, high-impact strength, and lightweight properties, finds extensive use in various applications such as automotive components, home appliances, medical items, and everyday products.
Future demand for polycarbonate and other engineering plastics is expected to grow in China, to support the increasing production of electronics, automotive, information technology and building materials.
Established in 2009, SSTPC is a mega-size petrochemical complex that already consists of nine world-scale production plants producing chemicals, polyethylene, and polypropylene.
With an annual designed capacity of 260 kT, the new PC plant is a vital component of SABIC’s PC growth strategy in China, allowing for further collaborations with global and local customers. The development of the PC plant represents a significant milestone in the ongoing joint venture and strengthens the partners’ capability to meet regional PC market demands.
Abdulrahman Al-Fageeh, CEO of SABIC, commented, “By working in partnership, SABIC and SINOPEC are unlocking significant and mutual growth opportunities that complement the national agendas of Saudi Arabia and China.
Building on our position as one of the world’s leading polycarbonate manufacturers, our first-ever PC plant in Asia underlines our commitment to operate and manufacture in markets that are close to our customers to increase service capabilities, agility, and supply reliability.”
Al-Fageeh continued, “For almost 40 years, China has been a key strategic market for SABIC and our investment in Tianjin reflects our position as a trusted supplier, investor and partner for sustainable and inclusive growth.”
The availability of SABIC’s polycarbonate will mainly be for customers in the Greater China region, with a focus on PC-related industries such as Electricals & Electronics, Consumer Goods & Appliances, automotive, healthcare products and Building and Construction applications. SABIC’s portfolio of PC materials produced at SSTPC will be marketed under its LEXAN™ resin brand.
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