26 Sep 2022
SABIC names Conventus Polymers as new distribution partner for specialty thermoplastics in North America
BERGEN OP ZOOM, THE NETHERLANDS, September 26, 2022 - SABIC, a global leader in the chemical industry, has named Conventus Polymers, LLC, as an authorized distributor of high-performance engineering thermoplastics in the United States, Canada and Mexico. Conventus Polymers will provide SABIC customers with products from SABIC’s Specialties business, including ULTEM™ resins and LNP™ compounds, and related services such as application development and customer support. The new distribution partner, based in Parsippany, N.J., offers highly technical expertise and strong relationships with key OEMs in water management, energy, electrical and electronics, healthcare and other important industries.
“Welcoming Conventus Polymers to the SABIC team demonstrates our ongoing commitment to expanding our ability to deliver high-performance solutions and an outstanding customer experience to Specialties customers in North America,” said Darpan Parikh, director, Customer Fulfillment, SABIC. “Conventus Polymers combines a deep understanding of our portfolio with exceptional experience in addressing diverse customer challenges using the latest resin technologies. Their representatives have access to our full range of global application design and testing resources to support their relationships with SABIC customers.”
“We are passionate about this partnership with SABIC because we share a similar vision for specialty plastics and bring complementary expertise and perspective to the table,” said John Jorgensen, president, Conventus Polymers. “SABIC’s high-heat materials add a new dimension to our portfolio and support our goal of further expanding in target markets, such as electric vehicles, energy storage, telecommunications, wire and cable, and aerospace and defense, where we anticipate significant growth over the next five to 10 years. Collaborating with an industry leader like SABIC, which invests in innovation and advanced technology, will allow Conventus to deliver cutting-edge solutions to the marketplace.”
Conventus Polymers joins Nexeo Solutions, Inc., Chase Plastic Services, Inc., and Amco Polymers, LLC as authorized distributors of SABIC’s portfolio of specialty materials.
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ABOUT SABIC
SABIC is a global diversified chemicals company, headquartered in Riyadh, Saudi Arabia. It manufactures 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.
SABIC supports its customers by identifying and developing opportunities in key end-use applications such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy.
SABIC recorded a net profit of SR 23 billion (US$ 6.15 billion) in 2021. Sales revenues for 2021 totaled SR 174 billion (US$ 46.6 billion). Total assets stood at SR 318 billion (US$ 84.9 billion) at the end of 2021. Production in 2021 stood at 58 million metric tons.
The company has more than 31,000 employees worldwide and operates in around 50 countries. Fostering innovation and a spirit of ingenuity, SABIC has 10,090 patents and pending applications, and has significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South Asia and North Asia.
ABOUT CONVENTUS POLYMERS LLC
Conventus Polymers LLC is a global specialty thermoplastics distributor and formulator, offering a broad portfolio of high-performance and ultra-polymers. Due to its highly focused approach within strategic vertical markets, the company offers deep expertise and forms close partnerships with leading OEMs to solve problems, develop new applications and introduce the latest polymeric technologies. Conventus actively partners with producers that invest in and develop the world’s next generation of thermoplastic materials. The company has a proven track record of bringing the latest resin technologies to its customers. For more information, visit www.conventuspolymers.com.
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SABIC has named Conventus Polymers, LLC, as an authorized distributor of high-performance engineering thermoplastics in the United States, Canada and Mexico. Conventus Polymers will provide SABIC customers with products from SABIC’s Specialties business, including ULTEM™ resins and LNP™ compounds, and related services such as application development and customer support.
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