SABIC

SABIC Innovative Plastics Scores Big with 2009 Responsible Care® Award Win for Eco-Optimized iQ* Resin

BERGEN OP ZOOM, The Netherlands – October 5, 2009 – SABIC Innovative Plastics’ environmentally progressive iQ* resin platform was recognized on October 2 with a 2009 Responsible Care® Award at the Conseil Européen des Fédérations de l'Industrie Chimique1 (Cefic) Annual General Assembly ceremony in Lisbon, Portugal. The company received the highly coveted award in the general category for its eco-responsible iQ resin, which uses a proprietary process to convert used polyethylene terephthalate (PET) bottles into high-performance resin for a broad range of high-end applications. Responsible Care is the chemical industry’s global voluntary initiative under which companies work together to continuously improve their health, safety and environmental performance.

"To be recognized for excellence in product stewardship by Cefic is a major honor for SABIC Innovative Plastics," said Tim O’Brien, vice president SABIC Innovative Plastics Americas, Europe, Middle East, Africa. "Valox iQ* and Xenoy iQ* resins immediately captured world-wide industry attention when first launched and have since come to epitomize our sustainability programs aimed at preserving and improving the environment. Valox iQ and Xenoy iQ resins are ideal for customers seeking environmentally responsible solutions that don’t compromise on performance or quality."

Cefic President Christian Jourquin, who presented the awards at the Cefic Annual General Assembly, said, "Responsible Care is our industry’s unique approach to enhance sustainable development through corporate responsibility. The quantity and quality of 2009 entries demonstrate the added value of Responsible Care to chemical businesses and to society and the environment especially in these difficult economic times."

Reducing Carbon Footprint and Energy

SABIC Innovative Plastics’ polybutylene terephtalate (PBT) iQ resins are engineered using up to 65 percent post-consumer plastic waste, extending the useful life of a PET bottle to 20 years. Other environmental benefits of iQ resins include a 55 to 57 percent reduction in both carbon dioxide emissions and process energy utilization per kilogram of PBT. The 2009 Responsible Care Awards judging panel concurred that the iQ resin platform is "an excellent demonstration on how to effectively engage in Product Stewardship."

The iQ resin portfolio provides excellent stiffness, impact strength, chemical resistance and processability, as well as superior aesthetics through custom color matching vs. competitive products. The SABIC Innovative Plastics materials have been successfully used in more than 20 applications in the first full year of commercialization. Potential application areas include furniture; computers and consumer electronics; and transportation and automotive components, such as connectors, fans, mud guards, door handles and lighting bezels.

Responsible Care was first launched in 1985 in Canada and is now run by the national/regional chemical associations in 53 countries around the world.

For additional information on SABIC Innovative Plastics’ Valox iQ and Xenoy iQ resins, please go to www.sabic-ip.com.

Reader enquiries

Innovative PlasticsPolymers
1 Plastics AvenueEuropaboulevard 1
Pittsfield, Mass.6135 LD Sittard
United States

Netherlands

Tel: +1 413 448 7383Tel: +31 (0)46 722 2399
Email: jodi.kennedy@sabic-ip.comFax: +31 (0)10 264 4823
Web: www.sabic-ip.comEmail: rachel.kundra@sabic-europe.com
Web: www.sabic.com


Netherlands

+31 46 722 2222

www.sabic.com


Notes for editors


About SABIC Innovative Plastics

SABIC Innovative Plastics is a leading, global supplier of engineering thermoplastics with a 75-year history of breakthrough solutions that solve its customers’ most pressing challenges. Today, SABIC Innovative Plastics is a multi-billion-dollar company with operations in more than 35 countries approximately 9,000 employees worldwide. The company continues to lead the plastics industry with customer collaboration and continued investments in new polymer technologies, global application development, process technologies, and environmentally responsible solutions that serve diverse markets such as automotive, electronics, building & construction, transportation, and healthcare. The company’s extensive product portfolio includes thermoplastic resins, coatings, specialty compounds, film, and sheet. SABIC Innovative Plastics (www.sabic-ip.com) is a wholly owned subsidiary of Saudi Basic Industries Corporation (SABIC), one of the world’s top five petrochemicals manufacturers.

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® Responsible Care is a registered trademark of Cefic.

* Trademarks of SABIC Innovative Plastics IP BV.

1 European Chemical Industry Council

Media Note: The proper name of the company is SABIC Innovative Plastics, and excludes any abbreviations or variations when referring to the company. As an acronym, SABIC should be all caps whenever it appears in print.

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Helen Vandebovenkamp
SABIC

+31 164 292 097

Helen.vandebovenkamp@​sabic-ip.com

Kevin Noels
Marketing Solutions NV

+32 3 31 30 311

knoels@​marketing-solutions.com

 

 

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