SABIC/GE: And The Restructuring Begins

30 Aug



GE Plastics: Realignment of PC assets in Japan

GE Plastics (GEP, Europe: Bergen op Zoom / The Netherlands; is realigning its Asian polycarbonate assets in preparation for its integration into Sabic (Riyadh / Saudi Arabia; It has acquired all shares of GE Plastics Japan (GEPJ) held by joint venture partners Nagase & Co (Tokyo; and Mitsui Chemicals (MCI, Tokyo / Japan; as well as the 58% stake held by Nagase in PC manufacturer GEMPC. GEPJ´s bisphenol A production is to be sold to MCI and the PC plant is to be closed.

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Posted by on August 30, 2007 in General Knowledge, The Business


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