SABIC pursuing carbon fiber manufacturing

Well known for its thermoplastic products, SABIC reports that it is evaluating potential manufacture of carbon fiber.

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Representatives of SABIC (Riyadh, Saudi Arabia) attended CompositesWorld’s Carbon Fiber 2010 conference in La Jolla, Calif., Dec. 7-9, and reported that SABIC’s recently founded strategic business unit Performance Chemicals is in the midst of a concerted effort to enter the carbon fiber business, based on its previously announced acrylonitrile (AN) feedstock basis. No decision on technologies or precursor has been taken yet and SABIC reports that it is investigating all possible options. SABIC is a strong player in thermoplastic materials as well as in certain industrial market segments, like the automotive and industrial applications. SABIC says it believes carbon fiber could strengthen the company’s position in these application areas.