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SABIC broadens composites portfolio with addition of fiber-reinforced thermoplastic tapes in acquisition of Fibre Reinforced Thermoplastics B.V.

3/7/2016

Lelystad, The Netherlands, February 29, 2016 - SABIC - one of the world's leading petrochemical companies - has expanded its growing portfolio of innovative material solutions with the recent acquisition of a majority stake in Fibre Reinforced Thermoplastics, B.V., which is based in Lelystad, The Netherlands.

SABIC's Fibre Reinforced Thermoplastics (FRT) business, specializes in the production of engineered thermoplastic, fiber-reinforced unidirectional ("UD") tapes. The tapes can be used across a wide variety of industries, ranging from building and construction, to transportation and energy.

"This acquisition will enable SABIC to develop new thermoplastic products, processes and design solutions to help our customers take full advantage of the unique light weighting opportunities offered by composites," said Ernesto Occhiello, EVP Specialties, SABIC.

"At SABIC, we engage with our customers to develop advanced products that support their specific needs and help them realize their ambitions," said Andrey Turchin, Head of SABIC's FRT business. "Our innovative UDMAX™ composite tapes complement SABIC's existing range of thermoplastic solutions for customers striving to build smaller, lighter and stronger components that meet stringent industry standards," he continued.

UDMAX™ tapes are made using a unique proprietary HPFIT™ technology, which quickly and precisely enables the spread and combination of thousands of glass or carbon fibers with a polymer matrix. As a result, the tapes have a high density of fibers, high quality fiber impregnation in the resin matrix, minimal void content and fewer broken fibers. They can be used to form composite materials that can in turn be used to manufacture components with superior performance to alternative materials, such as laminates and molded parts.

For further information please go to www.sabic.com and www.frt.sabic.com.

SABIC will be exhibiting at the JEC in Paris, 8-10 March 2016. We looking forward to meeting you at our stand - Hall 5A, L 73.

Related Exhibition:
JEC World 2016
The largest international gathering of composites professionals
3/8/2016 - 3/10/2016
Venue: Paris expo Porte de Versailles, Paris, France

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