Search Site

Trends banner

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

SABIC introduces new plastic

The new material was specially developed for motor oil and lubricant oil bottles manufactured through blow molding technology.
  • The company said the new product is part of the company's commitment to contribute in promoting the circular economy of plastics.
  • The new material was specially developed for motor oil and lubricant oil bottles manufactured through blow molding technology.

Riyadh, Saudi Arabia—.The Saudi Basic Industries Corporation (SABIC) has introduced a new material of high-density polyethylene with mechanically recycled content (HDPE T3K01B) within its Trucircle product range.

The company said the new product is part of the company’s commitment to contribute in promoting the circular economy of plastics.
The new material was specially developed for motor oil and lubricant oil bottles manufactured through blow molding technology, and contains approximately 30 percent of post-consumer mechanically.

SABIC’s launch of HDPE T3K01B adds to its TruCircle initiative, which includes mechanically recycled materials, end-of-cycle initiatives for plastic waste, design-for-recycling services, and certified circular products made from advanced recycling of used plastics, and certified renewable polymers based on biofeeds.

Abdullah Al-Otaibi, General Manager of Engineering Thermoplastics and Market Solutions at SABIC, said this project is the first of its kind for mechanical recycling, which shows the feasibility of expanding the scope of circular solutions and joint experiences to extend the life of plastic and restore value from waste oil bottles after consumption.