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SABIC now owns GE Plastics

24 Sep '07
2 min read

"Hence, we successfully completed the deal on time, despite the prevailing turbulence in the global credit markets. This acquisition will further enhance SABIC's position amongst the leading global companies."

"Our global manufacturing capabilities will be further expanded to include significant additional plants and compounding operations in the Americas, Europe and Asia Pacific regions.”

“SABIC Innovative Plastics is another strategically important step in our global growth and ongoing commitment to serve our customers – both in terms of geography and in meeting their needs for innovative plastics solutions and products that deliver outstanding value”, he said.

Saudi Basic Industries Corporation

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