Home About Archives RSS Feed

SABIC Plastics Investing in China

PITTSFIELD, Mass. — Saudi Basic Industries Corp. is making significant investment in China.

Its Innovative Plastics division, headquartered in Pittsfield, has made its third Chinese engineering thermoplastics investment this year.

The plastics division, Chongqing Xiyong Micro-electronics Industrial Park, and the Chongqing Economic and Informatization Commission announced on Thursday a memorandum of understanding in which SABIC would establish an engineering thermoplastics compounding plant in Chongqing.

"We are in China, for China. In the more than 30 years we've operated in this region, we've cultivated long-term customer relationships that have helped make SABIC the first supplier many of the world's leading [orginal equipment manufacturer] call when designing their customers' innovations," said Charlie Crew, executive vice president, head of SABIC's Innovative Plastics business."

Chongqing Mayor Huang Qifan said, "This compounding plant in Chongqing Xiyong Micro-electronics Industrial Park is SABIC's third investment in China in 2011 to further enhance the electronics industry."

Today, SABIC in Asia has 41 offices, nine manufacturing sites and five Technology & Innovation Centers across 12 key Asian countries servicing a portfolio of customers across diverse industries.

Innovative Plastics strategic business unit is a multibillion-dollar leading, global supplier of engineering thermoplastics.
0 Comments
     

Support Local News

We show up at hurricanes, budget meetings, high school games, accidents, fires and community events. We show up at celebrations and tragedies and everything in between. We show up so our readers can learn about pivotal events that affect their communities and their lives.

How important is local news to you? You can support independent, unbiased journalism and help iBerkshires grow for as a little as the cost of a cup of coffee a week.

News Headlines
Mount Greylock Committee Member Pushes to Reopen Schools
North Adams School Committee Seeks Candidates for Vacant Seat
Williamstown Select Board Recommends Social Justice Articles to Town Meeting
Williams College Promotes Seven Faculty Members to Full Professor
Hoosac Valley Considering Phased-In, Hybrid Model for Schools
Berkshires Beat: Food Pantry Returning to Eagle Street Starting Aug. 12
Tanglewood Online Festival Enters Sixth Week
How Can You Help Lower Your Longevity Risk?
SVHC Nurse Named Impact Award Honoree
McCann Names Valedictorian, Salutatorian for Class of 2020

 


Bill Schmick separates the bull from the bears in his weekly columns on investing and market wrap-ups.



Categories:
advertising (10)
agriculture (1)
arts (7)
automotive (5)
awards (16)
banking (41)
Beacon (1)
broadband (1)
business (52)
chamber (25)
closing (5)
development (23)
dining (5)
domestic animals (2)
energy (6)
entertainment (2)
federal (4)
finances (5)
food (5)
fundraiser (3)
green (2)
grocery (5)
hospitality/hotel (5)
housing (0)
insurance (3)
investment (6)
jobs (35)
labor (17)
laws (4)
Legislature (3)
manufacturing (9)
media (8)
medical (4)
networking (33)
new (22)
pricing (1)
projects (2)
promotion (6)
publishing (13)
radio (2)
real estate (8)
retail (29)
technology (13)
training (5)
transportation (1)
volunteer (1)
website (2)
wholesale (7)
workshops (6)
Archives:
Tags:
Sabic Berkshire Living Crane & Co. Pittsfield Baldwin Walmart Expansion Flood Berkshire Chamber Of Commerce Unemployment Sales Tax Talkberkshires Social Media Berkshire Creative Bj's Great Barrington State Gas Prices Williamstown Unemployment Jobs Wmeco Qualprint Small Business Adams Statistics Breakfast Merger Store Opening Berkshire Enterprises Excelsior Currency North Adams Statistics Auction
Popular Entries:
Excelsior Brings Greeting Card Co. To North Adams
Berkshire Jobless Rates Drop
Bay State Continues to Add Jobs
Williamstown Chamber Seeks Input on Future Role
Aladco Installs New 'Green' Washing Machine
Storey Publishing to Host Next Creative Challenge
New Dog Training Center Open in North Adams
Carbone Dealership Empties Lot
White Hart Inn For Sale for $5M
Real Estate Panel to Tour S. County, Pittsfield Sites
Recent Entries:
Biz Briefs: Mr. Tire, Tax Holiday, Business Directory
Berkshire Eagle Parent Mulling Newspaper Sales
Digitial First Puts Vermont News Buildings on the Market
Berkshire Chamber, Neal Hosting Facebook for Business Workshop
Winstanley Wins Big at Annual ADDY Awards
Eggs & Issues Event Focuses on Rail Cars, Development
State Unemployement Rate Drops Slightly
New Biotech Firm Setting Up in Pittsfield
Crane Museum Opens Retail Store
License Commission Approves River Street Package Move