Sabic increases Ultem production in Singapore
The global diversified chemicals company Sabic announced the official launch of its new 170 million dollars Ultem resin manufacturing facility inSingapore, marking the company’s first advanced specialty chemical manufacturing facility in the region producing the high-performance thermoplastic, Ultem resin. The new facility is a strategic move to support Sabic’s goal of increasing global Ultem specialty resin production by more than 50%, responding to the growing demand from high-tech and manufacturing industries in the Asia-Pacific region, including Japan and China.
Supported by the Singapore Economic Development Board (EDB), the new Singapore facility reinforces Sabic’s commitment to localize a reliable supply of high performance materials that support complex and demanding supply chain requirements.
“We’re excited to leverage Sabic’s advanced manufacturing capabilities to produce one of the world’s most advanced plastics in Singapore. The Ultem resin facility reflects our long-term commitment to the region’s high-tech economies and advanced manufacturing sectors, supporting the growth of advanced applications. Singapore’s widely networked trade agreements also provides us with competitive access to markets in the region”, Abdulrahman Al-Fageeh, CEO di Sabic, stated.