SABIC launched the official launch of its new $170-million Ultem resin manufacturing facility in Singapore, to offer the high-performance thermoplastic Ultem resin. The model new facility is a strategic switch to help SABIC’s goal of accelerating world Ultem specialty resin manufacturing by larger than 50%, responding to the rising demand from high-tech and manufacturing industries throughout the Asia-Pacific space, along with Japan and China.
SABIC leaders attended the power opening with officers from the governments of Singapore and Saudi Arabia. Provide: SABIC
Supported by the Singapore Monetary Enchancment Board (EDB), the model new Singapore facility reinforces SABIC’s dedication to localize a reliable present of high-performance provides that help difficult and demanding present chain requirements.
Abdulrahman Al-Fageeh, SABIC CEO says, “We’re excited to leverage SABIC’s superior manufacturing capabilities to offer one in all many world’s most superior plastics in Singapore. The Ultem resin facility shows our long-term dedication to the realm’s high-tech economies and superior manufacturing sectors, supporting the growth of superior features. Singapore’s extensively networked commerce agreements moreover current us with aggressive entry to markets throughout the space.”
Lim Wey Len, govt vice chairman of the Singapore Monetary Enchancment Board says, “The opening of SABIC’s new Ultem plant shows its confidence in Singapore as a hub to grab the rising demand for high-performance specialty chemical substances in Asia. We look ahead to how the model new plant’s superior manufacturing capabilities will improve our chemical substances sector to meet shoppers’ needs in improvement areas akin to mobility and electronics. We proceed to welcome like-minded companions like SABIC to spend cash on our experience and capabilities proper right here in Singapore, to create cutting-edge supplies choices for the world.”