Sabic in Swiss tie-up for thin-wall packaging
RIYADH, December 20, 2020
Sabic, a global leader in the chemical industry has partnered with KraussMaffei HighPerformance AG, KraussMaffei's Swiss subsidiary to advance the existing application center for thin-wall packaging at the Netstal plant in Näfels, Switzerland.
The collaboration also plans exchange of mutual know-how in the fields of polymer technology and processing.
The official launch of the cooperation, which will focus on application, material and processing innovations in the thin-wall packaging industry through collaboration across the segment's entire value chain, is scheduled for the first quarter of 2021.
“This is a major investment in synergy for us,” stated Sergi Monros, Sabic Vice President of Performance Polymers & Industry Solutions, Petrochemicals. “Together with Netstal, we will bundle our expertise in polymer science and processing to enable new material and injection molding solutions for the competitive edge of customers throughout the thin-wall packaging industry and beyond.”