Tuesday, October 17, 2017
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SABO to increase its capacity for Hindered Amine Light Stabilizers and related intermediates

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Bergamo, Italy – 17 October, 2017 – SABO is implementing a major capacity expansion for Hindered Amine Light Stabilizers SABO®STAB UV 70 and SABO®STAB UV 91, and related intermediates. The expansion is scheduled to come on-stream during Q3 2018.   Additionally, SABO will increase the capacity of SABO®STAB UV 62 in 2019. Both investments represent a further significant commitment to our customers addressing their needs for reliable supply. The expansion is being driven by the increasing demand for Hindered Amine Light Stabilizers and ... Read More »

New, high performance binder for lamination inks helps to enhance print quality on packaging film and optimize productivity

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Ulsan, South Korea – October 6, 2017 – The flexible packaging industry is growing in complexity: as the variety of substrates widens and they become increasingly sophisticated, printing inks need to meet numerous, ever more demanding requirements. Inks for laminations have to withstand the lamination process and deliver the bond strength necessary for the respective application. They must also allow high speed printing and ensure excellent graphic quality. ... Read More »

Maschem and SABO to announce a strategic cooperation on the production of Ethoxylates

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  About SABO S.p.A. SABO S.p.A. is a private international specialty chemicals company with approximately 150 Million of euro turnover. The performance chemical business unit specialises in the development and marketing of non ionic, anionic Surfactants and Esters focusing on applicative filed like emulsion polymerisation, coatings, textile and leather.   For more information, please visit: www.sabo.com.   About Maschem B.V. Maschem B.V., a wholly owned subsidiary of the Musim Mas Group that has developed a s... Read More »

SABIC INTRODUCES NEW LEXAN™ RESINS FOR LED AUTOMOTIVE LIGHTING

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LEXAN™ HF4010SR resin is one of the new offerings. This polycarbonate (PC) material can make it possible for customers to develop complex headlight bezels with enhanced aesthetics. SABIC has also added new grades to its existing LEXAN™ XHT resin line, which can offer improved flow at high temperatures compared to other high-heat polycarbonate materials available today.   SABIC’s new materials targeting forward lighting parts come at a time when the complexity of these applications continues to increase. Current high-end LED headlamps... Read More »

SABIC’s new phthalate-free polypropylene impact copolymers enable downgauging and faster processing for thinwall packaging

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“The need for the industry has never been greater to find efficient solutions to the challenges – especially in food packaging – that the world faces today. SABIC understands the need for its packaging customers to not only stay ahead of industry trends and regulations but also meet the demand for lowering weight and cost by reducing packaging thickness with down gauging, faster production cycle times, and minimizing waste and the environmental impact. SABIC’s new impact polypropylene 513MK46 and 512MK46 grades are created to help our customers... Read More »

SONGWON Industrial Group ends a good year with steady growth

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Sales in 2016 totaled 694,326 Mil. KRW Gross profit was 178,049 Mil. KRW Gross profit margin widened to 25.6% EBITDA increased to 16.4% The company achieved sales revenues of 694,326 Mil. KRW and a net profit of 42,244 Mil. KRW. Within polymer stabilizers, the One Pack Systems (OPS) business was the SONGWON’s growth leader in 2016, with its world-class OPS facility in Abu Dhabi coming onstream in January and the new JV OPS plant in Qingdao, China successfully commissioned in November. Sales in plasticizers and tin intermediates also so... Read More »

NEW PP PILOT PLANT ENABLES SABIC TO MEET KEY INDUSTRY NEEDS

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The pilot plant is the latest in a series of investments being made by SABIC at the Brightlands Chemelot R&D and manufacturing campus in Sittard-Geleen. The company opened a new research facility there in May. Lina Prada, Global PP Technology Director, says the pilot plant is a further demonstration of SABIC’s commitment to invest in innovation. “When it starts up next year, we will have considerably more capacity to develop new PP materials for commercialization in our current European assets in Geleen and in Gelsenkirchen, Germany,” says ... Read More »

SABIC EXPANDS ITS PORTFOLIO OF FOAMABLE POLYMERS

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The polymer foam-producing industry currently consumes around 25 million metric tonnes of plastics every year, and is expected to grow by close to 2.5% per year over the next ten years, mainly in building & construction, packaging, transportation, and also furniture. In the building & construction segment, there is a clear need for low-cost, energy-efficient houses that can be built quickly. In packaging, companies must create new designs that minimize the amount of material needed to ensure that packed contents arrive at consumers i... Read More »

SABIC INVESTS IN INNOVATIVE CHEMISTRY AND INAUGURATES STATE-OF-THE-ART RESEARCH CENTRE IN GELEEN, THE NETHERLANDS

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Official opening The 200 guests included Governor Theo Bovens representing the Dutch Province of Limburg, Mr. Sjraar Cox, Mayor of Sittard-Geleen, where SABIC is based, Bert Kip, CEO of Brightlands Chemelot Campus and Henny Jacobs, Director Investment Projects Netherlands, Foreign Investment Agency. With one push of the button, Governor Bovens and Peter Borman unveiled a work of art by Marcel Timmers, symbolizing engagement and expertise.   Bert Groothuis, Director Corporate Sustainability Europe: “This research centre is the lat... Read More »

Songwon Industrial Group announces Financial Results for Q1/2016

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Sales in Q1 totaled 183,074 Mil. KRW Gross profit increased over 2015 to 51,185 Mil. KRW The gross profit margin is at 28.0% Songwon had a promising start to 2016. With business remaining in line with its ambitious expectations, the company saw volumes sold exceeding those sold in Q1/2015. Strong customer demand, raw material and selling price stability, combined with smoothly operating production sites enabled Songwon to achieve acceptable margin results during the first three months of the year. During Q1/2016, EBITDA and EBIT margins ... Read More »

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