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04-Sep-2007 - Saudi Basic Industries Corporation (SABIC) announced the completion of its purchase of GE Plastics from General Electric for a purchase price of US$11.6 billion. The announcement was made by SABIC Chairman, HH Prince Saud bin Abdullah bin Thenayan Al-Saud. The former GE unit is now SABIC ...
29-Aug-2007 - Bayer MaterialScience is to transfer its shares in EXATEC to GE Plastics. This transaction will be completed subject to the approval of the relevant antitrust authorities. No statement will be made concerning the financial aspects. With this decision, Bayer MaterialScience has opted to carry out ...
27-Aug-2007 - GE, Mitsui Chemicals, Inc. (MCI) and Nagase & Co., Ltd. announced that they have reached the following agreement regarding their Japanese joint ventures GE Plastics Japan Ltd. (GEPJ) and GEM PC Ltd. (GEMPC). GE has acquired the entire equity interests of MCI and Nagase in GEPJ thereby increasing ...
10-Nov-2006 - GE Plastics announced the official opening of its new Japan Technology Center (JTC) located within its Moka City facility to provide Japanese customers with state-of-the-art application development capabilities. As one of the seven GE Global Application Technology (GApT) centers worldwide, the ...
10-Oct-2006 - To provide a European source of supply for its line of "xtreme" Lexan polycarbonate (PC) resins while boosting overall capacity by approximately 300%, GE Plastics announced it will expand production of these specialty products beyond the United States. The company will invest 62 million Euro to ...
12-Jun-2006 - Heiner Markhoff has been named general manager of GE - Plastics, Europe, reporting directly to Charlene Begley, President and Chief Executive Officer of GE - Plastics. In this role he will be responsible for business and commercial operations across the region. Heiner replaces Golnar Motahari ...
08-Jun-2006 - GE and PetroChina Company Limited announced that they would cooperate by creating a world-scale polycarbonate (PC) resin manufacturing joint venture in China. Under the terms of the joint venture agreement, PetroChina Company Limited will supply the feedstocks and the partners will collaborate on ...
09-Aug-2005 - Dr. D Müller GmbH is appointed as Distributor by GE Advanced Material for its new high temperature ULTEM* films for Germany, Austria and Switzerland. The new film is suitable as base material for label and tape applications, as insulating material in electrical applications, as diaphragm film in ...
07-Jun-2005 - The National Sanitation Foundation (NSF) International has designated sixteen grades of GE Advanced Materials' boron nitride (BN) powder as acceptable for use in nonfood contact lubricants, ingredients in nonfood and incidental contact lubricants, such as greases, oils, and dry films. The move ...
18-Apr-2005 - GE Advanced Materials, Quartz has opened the doors to its newly upgraded Polymer Compound Development Lab, located near Cleveland, Ohio. GE's investment marks a significant advance in the company's ability to accelerate product development and innovation cycles for customers by offering joint ...
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