{"id":108273,"date":"2024-11-10T09:36:29","date_gmt":"2024-11-10T06:06:29","guid":{"rendered":"https:\/\/polymervapooshesh.ir\/?p=108273"},"modified":"2024-11-10T12:40:58","modified_gmt":"2024-11-10T09:10:58","slug":"resin-manufacturing-facility-in-singapore-for-growing-demand-in-asia-pacific","status":"publish","type":"post","link":"https:\/\/polymervapooshesh.ir\/en\/resin-manufacturing-facility-in-singapore-for-growing-demand-in-asia-pacific\/","title":{"rendered":"Resin manufacturing facility in Singapore for growing demand in Asia-Pacific"},"content":{"rendered":"<p dir=\"ltr\"><strong><em>Iranpolymer\/Baspar <\/em><\/strong>SABIC announced the official launch of its new US$170 (S$220) million ULTEM<sup>\u2122<\/sup>\u00a0resin manufacturing facility in Singapore, marking the company\u2019s first advanced specialty chemical manufacturing facility in the region producing the high-performance thermoplastic, ULTEM resin. The new facility is a strategic move to support SABIC\u2019s goal of increasing global ULTEM specialty resin production by more than 50%, responding to the growing demand from high-tech and manufacturing industries in the Asia-Pacific region, including Japan and China.<\/p>\n<p dir=\"ltr\">The facility opening was officiated by Ms. Low Yen Ling, Senior Minister of State for the Ministry of Trade and Industry (MTI) and Ministry of Culture, Community and Youth (MCCY), Eng. Khalid H. Al-Dabbagh, Chairman of the Board of Directors of SABIC, Eng. Abdulrahman Al-Fageeh, SABIC Chief Executive Officer, and Mr. Omar Al-Harthi, Deputy Head of Mission, Embassy of the Kingdom of Saudi Arabia in Singapore.<\/p>\n<p dir=\"ltr\">Supported by the Singapore Economic Development Board (EDB), the new Singapore facility reinforces SABIC\u2019s commitment to localize a reliable supply of high performance materials that support complex and demanding supply chain requirements.<\/p>\n<p dir=\"ltr\">Ms. Low Yen Ling, Senior Minister of State for the Ministry of Trade and Industry (MTI) and Ministry of Culture, Community and Youth (MCCY) said, \u201cThe opening of SABIC\u2019s new facility underscores Singapore\u2019s role as a gateway to Asia and a leading hub for the chemicals industry.\u201d<\/p>\n<p dir=\"ltr\">Eng. Abdulrahman Al-Fageeh, CEO, SABIC said, \u201cWe\u2019re excited to leverage SABIC\u2019s advanced manufacturing capabilities to produce one of the world\u2019s most advanced plastics in Singapore. The ULTEM resin facility reflects our long-term commitment to the region\u2019s high-tech economies and advanced manufacturing sectors, supporting the growth of advanced applications. Singapore\u2019s widely networked trade agreements also provides us with competitive access to markets in the region.\u201d<\/p>\n<p dir=\"ltr\">Lim Wey Len, Executive Vice President, Singapore Economic Development Board said, \u201cThe opening of SABIC\u2019s new ULTEM plant reflects its confidence in Singapore as a hub to capture the growing demand for high-performance specialty chemicals in Asia. We look forward to how the new plant\u2019s advanced manufacturing capabilities will boost our chemicals sector to meet customers\u2019 needs in growth areas such as mobility and electronics. We continue to welcome like-minded partners like SABIC to invest in our talent and capabilities here in Singapore, to create cutting edge material solutions for the world.\u201d<\/p>\n<p dir=\"ltr\"><strong>SABIC\u2019s role in Singapore<\/strong><\/p>\n<p dir=\"ltr\">SABIC has empowered its workforce by enabling global knowledge transfer and upskilling local talent to effectively manage the production of one of the most technologically advanced plastics in the world. This holistic approach to the expansion integrates human capital development and leverages global expertise to establish an Asian hub built on a foundation of regional talent.<\/p>\n<p dir=\"ltr\">SABIC\u2019s advanced materials have become integral to Singapore&#8217;s leadership in sustainable, high-tech manufacturing, extending to the automotive, healthcare, and telecommunications sectors through application of high-performance ULTEM resin.<\/p>\n<p dir=\"ltr\">With strong support from the Singapore government, the new facility benefits from the nation\u2019s strategic position as a regional hub and its extensive free trade agreements network, enabling SABIC to efficiently serve the region.<\/p>\n<p dir=\"ltr\"><em><strong>industrysourcing<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iranpolymer\/Baspar SABIC announced the official launch of its new US$170 (S$220) million ULTEM\u2122\u00a0resin manufacturing facility in Singapore, marking the company\u2019s first advanced specialty chemical manufacturing facility in the region producing the high-performance thermoplastic, ULTEM resin. The new facility is a strategic move to support SABIC\u2019s goal of increasing global ULTEM specialty resin production by more &hellip;<\/p>\n","protected":false},"author":5,"featured_media":108275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[69],"tags":[58524,1591,1557,1255,58525],"class_list":["post-108273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-chemicals-industry","tag-resin","tag-sabic","tag-thermoplastic","tag-ultem-resin"],"_links":{"self":[{"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/posts\/108273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/comments?post=108273"}],"version-history":[{"count":0,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/posts\/108273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/media\/108275"}],"wp:attachment":[{"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/media?parent=108273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/categories?post=108273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/tags?post=108273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}