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April 28, 2005 SABIC

SABIC EuroPetrochemicals to continue as SABIC Europe            概要
http://www.sabic-europe.com/press/news/_en/042805simplex.htm

SABIC in Europe simplifies its legal structure

SABIC
s European activities no longer present themselves as SABIC EuroPetrochemicals but as SABIC Europe. Following a number of intra-group mergers, SABICs European operating companies SABIC Polypropylenes BV, SABIC Polyethylenes BV, SABIC Hydrocarbons BV and StaMax BV have merged into SABIC Petrochemicals BV.

Concurrently, the names of some of other European SABIC companies have changed. SABIC Petrochemicals Limburg BV, the employer in the Netherlands, has been changed to SABIC Limburg BV, SABIC Europe BV has been changed to SABIC Holding Europe BV and SABIC EuroPetrochemicals BV has been renamed SABIC Europe BV.

All SABIC Europe
s business relations (suppliers, customers, customs offices and tax authorities in Europe, trade registers, public registers, etc.) have already been informed about the changes.

Expanded portfolio

After the acquisition in 2002, SABIC made us responsible for all European activities,says Frans Noteborn, chairman of SABIC Europes Managing Board. Besides the four million tonnes we produce and sell in Europe we now import and sell another two million tonnes of products from SABICs plants in Saudi Arabia. This means that our portfolio has come to comprise a good deal more than petrochemical activities alone. So the term petrochemicalsno longer adequately expressed what we do.

Over the years, a complex structure of separate companies had been created for various reasons. Those reasons are no longer relevant,explains project leader Ad Clarijs, Director Finance & Information SABIC Europe. They created a huge administrative burden on our organisation and consequently costs. This simplification of our legal structure means the end of a lot of double work, for instance for registration in trade and tax registers, applications for customs permits, invoicing and bank accounting. The change will also make things simpler for our suppliers and customers.


http://www.sabic-europe.com/europe/_en/index.pl 

SABIC Europe is a 100 percent affiliate of SABIC, the largest petrochemical player in the Middle East and the number 4 global player in polyolefins worldwide, producing almost 5 million tons of polyethylene and polypropylene per year.

In Europe SABIC is a major polymer producer. The European SABIC business also harbors the sales organization for all SABIC products manufactured elsewhere in the world. SABIC sales in Europe amount to almost 6 million tons of polymers, base chemicals and intermediates.

The European head office is located in Sittard (The Netherlands) and integrated world-scale production facilities are based in Geleen (The Netherlands) and Gelsenkirchen (Germany) with a total yearly production of 2.5 million tons of polyolefins. In Europe, apart from polyethylenes and polypropylenes, SABIC also produces chemical products like benzene, acetylene and MBTE.

Geleen is also the hometown of a state-of-the-art R&D center and a highly qualified Technical Marketing team for expert technical support. Sales offices operate from The Netherlands, the United Kingdom, France, Germany, Italy, Spain, Denmark and Turkey.

The European branch forms part of SABIC, the largest Middle East petrochemicals player and the number 4 player in polyolefins worldwide, producing almost 5 million tons of polyethylene and polypropylene per year. Apart from this SABIC is also active in chemicals, fertilizers and metals.

Polyethylenes
SABIC markets over 2 million tons of HDPE, LDPE and LLDPE in Europe. The product range is fit to serve all major PE markets, with extrusion, blow moulding, injection moulding and extrusion coating as the main processing techniques. Applications are flexible packaging, such as stretch film, shrink film, food packaging, carrier bags and photo-coating, and rigid applications such as bottles & cans, pipes, sheets, crates & boxes and dustbins. Around 1.3 million tons of the total volume marketed is produced in Europe.

Polypropylenes
SABIC markets around 1 million tons of polypropylene as well as a wide range of compounds based on this polymer. Most of these materials are produced in our European production facilities. The product range is fit to serve all major PP markets with injection moulding and extrusion as most important processing techniques. Applications are flexible and rigid packaging, fibers, housewares & appliances, caps & closures, automotive parts (e.g. bumper systems) and pipes.

Melamine, polyvinylchloride, polyester and polystyrene
Melamine, polyvinylchloride, polyester and polystyrene products are manufactured by SABIC affiliates in Saudi Arabia: National Plastics Company (Ibn Hayyan), Arabian Petrochemical Company (Petrokemya), Arabian Industrial Fibers Company (Ibn Rushd) and Saudi Arabian Fertilizer Company (SAFCO).
These polymers are used in applications such as components in paints, adhesives and powders (melamine), wall covering, laminated fabrics, cell foam and pipes (PVC), fibers, yarns and bottles for drinks (polyester) and building & roof insulation, packaging for household appliances and containers (polystyrene).


In 2002 SABIC acquired its first production facilities outside the Arab world when it took over the petrochemical activities of DSM. The newly acquired company was made responsible for all SABIC activities in Europe.

DSM started its polyolefin activities in the early 1950s. Soon these developed into DSM's core business, based in Geleen (Netherlands). In the nineties DSM acquired and upgraded a major petrochemicals site in Gelsenkirchen (Germany).