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SABIC Innovative Plastics…The Story

Our story began in 1878 when one of America’s greatest inventive geniuses, Thomas A. Edison, succeeded in making an incandescent lamp burn for 40 hours. Edison located his small Edison Electric Company in Schenectady, New York. In 1892 it was combined with the Thomas-Houston Company of Lynn, Massachusetts, and the new company became the General Electric Company.

By the 1920’s, GE was known as a leader in the electrical field. Since most of its products were made for industry, the GE name was not well known to the public. In the late 1920’s, a decision was made to focus on the consumer market, and for the first time a complete line of home appliances were manufactured. This established the GE name in millions of homes.

SABIC completed purchase of GE Plastics from General Electric for a purchase price of US$ 11.6 billion, on October 21, 2008. The former GE unit is now SABIC Innovative Plastics, a new business addition to SABIC that will focus on the global growth of thermoplastics and engineering plastics through innovation to serve the automotive, electronics, healthcare, and construction sectors.

SABIC products go into almost everything we touch in the course of our daily lives. Our automobiles, telephones, refrigerators, homes, computers, children’s toys and many other items would all be significantly different without the plastics we produce and market.

In the United States, SABIC Innovative Plastics has manufacturing sites in Burkville, Alabama; Selkirk, New York; Mount Vernon, Indiana; Parkersburg, West Virginia; Bay St. Louis, Mississippi; and our site in Ottawa, Illinois. SABIC IP also has production facilities in several foreign countries including: Canada, the Netherlands, Australia, Japan, Brazil, Mexico, Austria, Scotland, France, China and South Korea. With sales offices in more than fifty countries, SABIC Innovative Plastics has established itself as a diverse and global company.

The Ottawa site is situated on 215 acres along the Illinois River between Ottawa and Marseilles, Illinois. The plant has the capacity to produce approximately five hundred million pounds of Cycolac? ABS plastic each year.

For more information on SABIC, please visit: www.sabic.com