Manufacturing Industry

LNP keeps up pace during corporate shift.(Special Report)

Plastics News, July, 2007

Byline: Frank Esposito The new product pipeline at the LNP compounding unit remains open as parent firm GE Plastics is changing hands from General Electric Co. to Saudi Basic Industries Corp. "This is a great add for [Sabic] and for us,'' GE Plastics LNP General Manager Nitin Apte said at a recent media event at the unit's headquarters in Exton, Pa.

"Sabic is a company with a terrific growth record and the right model for engineering plastics. "We want to be a specialty business - not in the crowd with everyone else,'' added Apte. "We're more global than a lot of our competitors. We offer not only products and technology, we also provide service. "If cycle times are an issue at an injection molder, we can still help with that, but we're also a...

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