SABIC Innovative Plastics’ Automotive Division Announces Goals for Future

Hyundai QarmaQ Advanced Technology Demonstration Vehicle (ATDV)>Istanbul, Turkey – December 5, 2007 – At Plast Eurasia 2007, SABIC Innovative Plastics’ Automotive division announced new goals that build upon its legacy of pioneering high performance materials to solve auto industry challenges. The company continues to make progress towards industrializing recently developed lightweight engineered plastics, composites, and glazing technologies that can help cut harmful greenhouse gas emissions and reduce fuel consumption.

SABIC Innovative Plastics Advances Solar Panel Technology with New Energy Center of Excellence

Climate Chamber for Solar Measurements>Düsseldorf, Germany – Oct. 24, 2007 – As part of SABIC Innovative Plastics’ accelerating investments in new application and market development, the company today announced the creation of a new Energy Center of Excellence at the company’s European headquarters in Bergen op Zoom, The Netherlands. The new facility, an expansion of SABIC Innovative Plastics’ existing Fluid Engineering Center of Excellence and part of the company’s Global Application Technology (GApT) organization, aims to help customers use lightweight, high-performance thermoplastics to replace heavy and increasingly costly copper, aluminum, steel, and glass in thermal and photovoltaic solar panels. The center is equipped with leading edge design, molding, and testing equipment, and is staffed by engineers, materials scientists, and application development experts, to help customers utilize the latest in advanced thermoplastic technologies for the mass production of solar panels. SABIC Innovative Plastics’ goal is to be a major contributor in making solar energy for heating and electricity a practical and continuously more affordable option.

SABIC Innovative Plastics and General Motors’ Successful Collaboration Leads to Debuts of Opel Flextreme & Chevrolet Volt at 2007 Frankfurt Motor Show

At the 2007 Frankfurt Motor Show (IAA), SABIC Innovative Plastics (formerly GE Plastics) will celebrate the unveiling of the OPEL Flextreme and Chevrolet Volt concepts, illustrating lightweight polymer material innovations that complement the E-Flex architecture and showcase energy-saving transparent window glazings and lightweight body panel technologies.

Inauguration of SABIC Innovative Plastics
7th of September, 2007
Bergen op Zoom

Heiner Markhoff, President of SABIC Innovative Plastics, Europe, Middle East, Africa welcomes the guests for the Inauguration of SABIC Innovative Plastics.His Highness Prince Saud bin Abdullah bin Thenayan Al-Saud, Chairman of the Board of SABIC and Louis Ufkes, employee with the longest years of service at the Bergen op Zoom site of SABIC Innovative Plastics, unveiled a monument to inaugurate the new company name in Bergen op Zoom.

LAUNCH OF SABIC INNOVATIVE PLASTICS EXPANDS SABIC’s GLOBAL PRESENCE

August 31, 2007 – New York, NY – Saudi Basic Industries Corporation (SABIC) today announced the completion of its purchase of GE Plastics from General Electric for a purchase price of US$11.6 billion. The announcement was made by SABIC Chairman, HH Prince Saud bin Abdullah bin Thenayan Al-Saud.