Construction of the new plant is in line with the company’s growth strategy along with the objectives of the region’s Vision 2030 plan. .
Jubail/Saudi Arabia: Sabic inaugurated the first ever polyacetal (POM) plant in the Middle East and Africa region at its joint venture manufacturing affiliate, The National Methanol Company (Ibn Sina), in Jubail on April 4, 2018 marking another milestone in its growth strategy in the highly competitive global engineering thermoplastics industry.
The new plant, with a capacity of 50,000 metric tonnes, was opened with a ceremony in the presence of Sabic Vice Chairman and CEO, Yousef Al-Benyan, Sabic executives and representatives from the joint venture partner, CTE, which is jointly owned by Celanese Corporation and Duke Energy. The new plant reflects Sabic’s 2025 strategy to provide new polymer solutions that answer customer challenges for changing market requirements, while supporting the development of local content in national industries, in line with the objectives of Saudi Vision 2030.
Polyacetal is a semi-crystalline thermoplastic material that has the potential to replace metal in many applications due to its high strength, exceptional dimensional stability and ease of machining. It makes an excellent candidate for applications in diverse industries such as automotive, construction, electronics, appliances, commodities, and consumer goods.