SABIC establishes 'SABIC Capital Ltd.' in the Netherlands

The Saudi Basic Industries Corporation (SABIC) has announced the establishment of a new wholly-owned company with a paid up capital of Euro 18,000. The company, SABIC Capital Ltd., is based in the Netherlands; as unveiled on October 14, 2008.

Mohamed Al-Mady, SABIC Vice Chairman and CEO, said the new company will be primarily responsible for the financing and tax operations of SABIC’s investments in Europe and USA following the acquisition of DSM Petrochemicals, GE Plastics (today SABIC Innovative Plastics), and other acquisitions.

About SABIC
Saudi Basic Industries Corporation (SABIC) is the world’s 5th largest petrochemicals company. The company is among the world’s market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.

SABIC’s profit rose to a record SR 27 billion (US$ 7.2 billion) in 2007, a 33% increase over 2006. Sales revenues for 2007 totalled SR 126.2 billion (US$ 33.7 billion), the highest revenues achieved by the company since its inception. Total assets stood at SR 256 billion (US$ 68.3 billion) at the end of 2007.

SABIC operates six interlinked strategic business units: Basic Chemicals, Intermediates, Specialty Products, Polymers, Fertilizers and Metals. In 2007 SABIC Innovative Plastics was launched as a global manufacturer and supplier of highly engineered thermoplastics. SABIC has significant research resources and has 16 dedicated Research and Technology and application centers in the Middle East, the Americas, Europe and Asia-Pacific. The company operates in more than 40 countries across the world with over 31,000 employees worldwide.
In Saudi Arabia, the company has 20 world-scale complexes and 19 of them are located in the industrial cities of Al-Jubail and Yanbu. Some of these complexes are operated with multi-national joint venture partners such as ExxonMobil, Shell and Mitsubishi Chemicals. Elsewhere, SABIC manufactures on a global scale in more than 45 countries in the Americas, Europe and Asia Pacific. SABIC’s overall production has increased from 27 million metric tons in 2001 to 55 million metric tons in 2007.

Headquartered in Riyadh, SABIC was founded in 1976 when the Saudi Arabian Government decided to use the hydrocarbon gases associated with its oil production as the principal feedstock for production of chemicals, polymers and fertilizers. The Saudi Arabian Government owns 70 percent of SABIC shares with the remaining 30 percent held by private investors in Saudi Arabia and other Gulf Cooperation Council countries.

Source : SABIC

JEC Marketplace

Z-LASER Optoelektronik GmbH
Z-LASER Optoelektronik GmbH projectors are used worldwide in many composite manufacturing processes e.g. for placing fiber mats inside a half-shell moulds. Whole contour of fiber mats, work pieces or positions of single elements can be displayed by the red or green laser light. The core competence of the German company is creating customized solutions for special demands of composite industry to increase quality and reduce manufacturing costs. Please visit http://www.z-laser.com or contact: Tel: +49 / 761 / 296 44-44 / E-Mail: info@z-laser.de

A plus Enterprises Ltd.
We are a leading frp tool (rollers,brushes etc),static mixer & protective coverall manufacturer in China. We are supplying our customers all over the world with super premium quality & unbeatable pricing. Please visit our web site: www.frprollers.com or www.alladhesivedispensers.com for detail. We are looking for distributors all over the world, please email jim65776577@hotmail.com to apply for it.

CORECORK - is the brand of Amorim Cork Composites for core materials in sandwich construction.
The CORECORK presents solutions specially designed to exceed expectations of the most demanding composites applications, namely for Sports and Leisure, Buildings, Energy and Aeronautics, with the unique advantage of being a natural, sustainable and recyclable core material. CORECORK allows industry to build strong, stiff, light and highly durable structures with lightweight core materials. Contact us: Tel.: +351 227475300 · E-mail: acc@amorim.com - www.corecork.amorim.com

Oxford and Cherwell Valley College
The Bicester campus of the Oxford and Cherwell Valley College offers a wide range of composite training courses. We deliver training to all abilities and sectors and offer bespoke course tailored to specific needs. Facility and autoclave available for hire. For full details please call: +44 (0)1865 551155 Email: Phamlin@ocvc.ac.uk or visit our website www.ocvc-composites.co.uk

Thermwood - First in Cnc Routers
Thermwood Corporation manufactures both 3 and 5 axis CNC Routers used to cut, trim and shape a wide variety of materials including wood, plastics, composites and non-ferrous metals. These fast, accurate machines are used in a variety of industries including plastics, aerospace, defense, automotive, boating and medical. Please visit www.thermwood.com or Email sales@thermwood.com

Recycle your dirty acetone
The Eco-dec solvent recycler is used for ACETONE, Methylene chloride and other solvents, as well as polyester resin. When paraffin is placed in the bottom of the machine, there is no residue build-up, because only the bottom of the machine heats up. This facilitates rapid cleaning. www.eco-dec.be - EMAIL: info@eco-dec.be

Vacmobiles.com Limited
Vacmobile vacuum systems and components are optimised for vacuum processes in composites, including resin infusion; RTM Light (ECO), pre-preg and vacuum bagging. Vacmobiles are exceptionally easy to use, but tough and capable of delivering excellent vacuum to the bag. We deliver worldwide. Please visit www.vacmobiles.com or email info@vacmobiles.com.

SAHM - The Winding Specialist
Automatic and manual Take-up Winders for PAN Precursor Yarns and Carbon Fibers as well as High Performance Fibers. Automatic Package Handling and Transport Systems for Winders. For further details, please contact us. Georg Sahm GmbH & Co. KG · Sudetenlandstrasse 33 · 37269 Eschwege, Germany - Tel.: +49 5651/804-0 · E-mail: info@sahmwinder.de- www.sahmwinder.de

dark matter composites ltd
Provision of expert consultancy, design and training services. An extensive range of composite training courses for beginners, technicians, engineers and designers. Remote consultancy services, bespoke courses and on-site training to suit your needs. For full details please call +44 (0)1582 791001 or visit our website www.darkmattercomposites.co.uk

Interested in having your company displayed here? Click here

Composites Community

JEC Services

About JEC

SABIC establishes 'SABIC Capital Ltd.' in the Netherlands

JEC Marketplace