24 Sep 2019
SABIC holds September technical summit in Bengaluru, India as global LNP™ anniversary celebration continues
Bengaluru, India, September 24, 2019 - The SABIC Technology Center in Bengaluru, India, was the location for the latest in a series of global technical summits held by the company to mark 70 years of its LNP™ product line of engineering thermoplastic compounds and copolymers. The summit, which took place on September 17, drew more than 150 key decision makers working in engineering and design at processors, toolmakers, Tiers, OEMs, and ODMs from across the country.
Delegates were provided with a series of presentations, displays, and one-on-one meetings with company experts. Talks were given by experienced subject matter experts from the SABIC LNP™ team. Developments under the spotlight included LNP™ materials with superior impact and flow, high-heat solutions, materials with superior weatherability, scratch resistance and wear resistance, high-modulus compounds for structural applications, and conductive solutions. The technical summit also featured a discussion on SABIC’s overall capabilities.
Participants at the technical summit were given a tour of the SABIC Technology Center to get a personal experience of the innovation capabilities that the LNP™ portfolio offers. “We provided a close look at what SABIC is doing in advanced molding technologies – including 3D printing – rapid prototyping, and more,” says Martin Tam, Director Customer Fulfillment APC, Specialties. Tam points out that R&D capabilities available for use by customers in the Technology Center laboratories cover important material aspects such as rheology, thermal properties, conductivity, and other key properties.
“Since the LNP™ product line was founded back in 1948, we have never stopped innovating to help our partners in the value chain adapt to new trends, wherever they are,” says Joshua Chiaw, Global Business Director, LNP, SABIC. “India is an increasingly important and exciting market for us. We are committed to collaborating with our customers here to tackle technical challenges arising across markets, whether they are in automotive, electronics, healthcare, consumer goods, or elsewhere. And in water management, for example, we are increasingly involved in helping support applications that address country requirements.”
“At our Technology Center in Bengaluru, we can demonstrate many of our most recent material and service innovations, and how they can be applied to new products and applications being developed and produced in India.”
A great example of SABIC innovation came earlier this year, through the launch of LNP™ ELCRIN™ iQ products, developed to help reduce plastic waste and support the circular economy. The first series of LNP™ ELCRIN™ iQ products is a portfolio of polybutylene terephthalate (PBT) compounded resins derived from chemically recycled post-consumer polyethylene terephthalate (rPET), mostly single-use bottles. ELCRIN™ iQ products, which perform even better than the original may support durable, long-life applications.
Since late 2018, SABIC has held technical summits across Asia, the Americas and Europe. The company is also planning more summits in the USA and South Korea in the coming months.
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SABIC is a global leader in diversified chemicals headquartered in Riyadh, Saudi Arabia. We manufacture on a global scale in the Americas, Europe, Middle East and Asia Pacific, making distinctly different kinds of products: chemicals, commodity and high performance plastics, agri-nutrients and metals.
We support our customers by identifying and developing opportunities in key end markets such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy.
SABIC recorded a net profit of US$ 5.7 billion in 2018. Sales revenues for 2018 totaled US$ 45 billion while total assets stood at US$ 85 billion. Production in 2018 was 75.3 million metric tons.
SABIC has more than 33,000 employees worldwide and operates in around 50 countries. Fostering innovation and a spirit of ingenuity, we have 11,738 global patent filings, and have significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South Asia and North Asia.