SABIC SK Nexlene to ramp up capacity of high-value chemicals in S. Korea

Logo of Saudi Basic Industries Corp. (SABIC)

Sabic SK Nexlene Co. (SSNC), a joint venture between Saudi Basic Industries Corp. (SABIC) and SK Geo Centric announced plans to boost production capacity of advanced polyolefin materials in its Ulsan-based plant.

The expansion project targets applications of solar panel encapsulation, automotive, footwear, and flexible packaging. It is scheduled to commence operations in Q2 2024, the state-owned SPA reported.

Sami Al-Osaimi, Vice President of PE & Sales, Sabic, and Board Chairman for SSNC said, “We have identified a strong trend toward customized and high-performance polyolefins, especially metallocene polyethylene materials.”

Many polymers produced by the company are ideally positioned to meet the needs of our global customers for enhanced toughness, flexibility, elasticity, heat-sealing properties, and optical properties, amongst others. The KNC plant capacity increase will provide the operational efficiency to boost the growth of these Nexlene-based materials. At the same time, it will give us a significant competitive edge to strengthen the market penetration of our brands, Al-Osaimi added.