SABIC

SABIC is a diversified manufacturing company based in Saudi Arabia, primarily engaged in chemicals and intermediates, industrial polymers, fertilizers, and metals. It is the largest public company listed on Tadawul and the second largest global ethylene glycol producer. SABIC Ventures, its wholly-owned subsidiary, focuses on seed and early-stage venture capital financing for innovative companies globally.

Dhaval Shah

General Manager, Corporate Technology and Innovation

Past deals in Chemical

Clariant

Post in 2018
Clariant is a global specialty chemical company offering a wide range of products such as personal care ingredients, home care solutions, crop protection agents, industrial chemicals, mining products, fuels, biofuels, adsorbents, and additives. It caters to diverse sectors including agriculture, automotive, aviation, consumer goods, and industrial manufacturing.

GE Plastics

Acquisition in 2007
GE Plastics was the branch of General Electric who manufactured plastics, and was part of the GE Industrial division. GE Plastics in 1971 a branch in Bergen op Zoom established. Initially this was a joint venture with Akzo , and later this joint venture was dissolved and the company continued as GE Plastics. There were eleven factories located on the site and the number of employees grew to 1500. Here were include Lexan pellets produced. This relates to polycarbonate , which is used among other things as replacement for break-resistant glass window and in CD's. In addition, Noryl ( polyphenylene oxide , a so-called 'engineering plastic') and BPA (bisphenol-A, a raw material for epoxy resins and polycarbonate ) produced. As a raw material is, inter alia, chlorine is used, that at the location is obtained by membrane electrolysis of common salt . Since salt water as a waste product released is the location on a salt surface is required. Annual production in 1990 was about 46 kt and 51 kt chlorine caustic soda . The complex is in 2007 taken over by the Saudi company SABIC , after General Electric found that it was too little profit. It also includes the headquarters of the division: Sabic Innovative Plastics , as well as a distribution center.
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