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Saudi petrochem firm Sabic opens $220m resin plant in Singapore
The Straits Times
|November 08, 2024
A Saudi petrochemicals giant officially opened a new $220 million resin manufacturing facility in Singapore on Nov 7.
The nine-storey plant in Pioneer - Saudi Basic Industries Corporation's (Sabic) second factory in Singapore - will produce a type of high-strength resin used in industries such as aerospace, healthcare and electric vehicles (EVs).
The facility, which began operating in October 2023, already produces 8,000 tonnes of resin and is expected to eventually increase Sabic's total output by more than 50 per cent. The resin, known as Ultem, is also made at Sabic's facility in Indiana, in the US.
Sabic declined to reveal the new facility's headcount but said that it has plans to expand its total Singapore workforce of more than 300, adding roles such as engineers, scientists and chemists.
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