Sabic Innovative Plastics sets out stall at K show

Sabic Innovative Plastics, the newly named former GE Plastics business, will make its public debut at next month’s K Fair, following the completion of the Saudi Arabian group’s $11.6bn take-over on August 31.

The engineering plastics major, which was absent from K three years ago, will now use the extensive Sabic stand as its base in Dusseldorf.

“K will be a very good platform for a coming out party,” Heiner Markhoff, president of the European business, told PRW.com this week.

Operating as a sister company to Sabic Petrochemicals in Europe, based on the 2002 acquisition of DSM’s business in this sector, Sabic Innovative Plastics will retain its European HQ at Bergen op Zoom. The familiar trade names such as Lexan polycarbonate, Cycolac ABS and Noryl PPO will also be retained under the new ownership.

Europe is a key element in the business with some 3000 employees from the 11 000 total, Markhoff stresses. “It is still a big market which is still growing and a big specifying centre,” he says.