SABIC, a global diversified chemicals company, today announced the official launch of its new US$170 (S$220) million ULTEM™ resin manufacturing facility in Singapore, 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.
The facility opening was officiated by Ms. Low Yen Ling, Senior Minister of State for the Ministry of Trade and Industry (MTI) and Ministry of Culture, Community and Youth (MCCY), Eng. Khalid H. Al-Dabbagh, Chairman of the Board of Directors of SABIC, Eng. Abdulrahman Al-Fageeh, SABIC Chief Executive Officer, and Mr. Omar Al-Harthi, Deputy Head of Mission, Embassy of the Kingdom of Saudi Arabia in Singapore.
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.
