Core Viewpoint - SABIC is strategically divesting its European petrochemical and engineering thermoplastic businesses to focus on high-margin markets and products, enhancing its capital allocation and free cash flow [2][3]. Group 1: Strategic Transactions - SABIC announced the sale of its European petrochemical business to AEQUITA for $500 million, which includes various products and facilities across Europe [2]. - The engineering thermoplastic business in the Americas and Europe is being sold to Mutares for $450 million, covering multiple production sites [3]. - These transactions are part of SABIC's asset optimization plan initiated in 2022, aimed at reallocating capital to higher-return areas [3]. Group 2: Product Development and Expansion - SABIC has launched several new high-performance polymer products, including a series of fluorine-free SILTEM™ resins and flame-retardant materials suitable for various applications [4]. - The company is expanding its production capacity, particularly in Asia and the Middle East, with significant projects like the MTBE plant in Saudi Arabia, which has a capacity of 1 million tons [5]. - A new expansion plan for specialty low oligomers based on PPE technology is set to meet the growing demand for high-performance PCBs, supporting AI and 5G applications [6][7]. Group 3: Market Trends and Demand - The demand for high-performance electronic resins is surging, driven by the growth of AI and high-end PC industries, prompting major players to expand production [8]. - SABIC is a leading supplier of electronic-grade PPO resins, with a projected global demand of 4,926 tons by 2025 [8].

SABIC聚合物事业部特材业务副总裁Sergi Monros表示："随着AI融入几乎所有行业与环境，数据中心市 场需要独特的材料解决方案，来支持高速率、高带宽、低延迟的基础设施，并实现更高水平的性能和可 靠性。除投资于特种材料与服务以加速该领域的新产品开发外，SABIC还拥有专门的专利布局，用以保 护我们为客户开发的创新解决方案所包含的知识产权。" 据介绍，此次PPE低聚物扩产计划将于2026年下半年完成，届时可帮助PCB制造商在产品需求持续增长 的情况下保持较短的交货周期。SABIC在该领域的旗舰产品NORYL SA9000是一种改性的低分子量、双 官能团PPE低聚物牌号，适用于制造5G基站和高速AI服务器PCB所用的高性能多层覆铜箔层压板 (CCL)。该材料兼具高耐热性、尺寸稳定性、阻燃性以及更强的层压能力，可生产层间结合力更高、损 耗极低的CCL产品。它可为现有的CCL生产工艺提供显著的配方灵活性，并已被证实可兼容于多种不同 的溶剂型热固性树脂体系。 中化新网讯 沙特基础工业公司(SABIC)宣布，其基于聚苯醚(PPE)技术的特种低聚物将进行新一轮产能 扩张。此次扩产是基于此前在亚洲产能提升的承诺，旨在 ...