SABIC Innovative Plastics founded in 2007, accounted for the largest market share in polycarbonate market in North America, accounting for more than half of the market revenues in 2014. SABIC Innovative Plastics was launched as a global manufacturer and supplier of highly engineered thermoplastics when SABIC acquired GE Plastics. The company offers thermoplastic resins, sealants and adhesives, coatings, specialty compounds, films, and sheets.
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In September 2013, SABIC Innovative Plastics increased its production and R&D capabilities in China and started operations at its $100 million R&D center in Shanghai. The company focuses on development of its product portfolio and has implemented expansion activities that are expected to serve to increase its market share.
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Bayer Material Science (BMS), founded in 2004, AG manufactures high-tech materials. It operates through the following business units: polyurethanes, polycarbonates, coatings adhesives, and specialties and industrial operations. It is engaged in the production, development, and sales of polymer and plastic material. In December 2014, Bayer Material Science (BMS) started its new polycarbonate sheet production plant at its Guangzhou, China, site. This helped company to increase its revenues.
In addition to this in 2011, Bayer Material Science expanded the production capacity of PC at the Krefeld-Uerdingen site in Germany. There is an increasing demand for technology driven products in Europe. The expansion was undertaken to meet the increasing demand of PC and its variety of applications.
Founded in 2010, Trinseo is engaged in the manufacturing of plastics, latex, and synthetic rubber. Initially it was known as Styron and changed its name to Trinseo on February 1, 2015. The company operates through two business units: Plastics and Emulsion Polymers divisions.
In April 2011, Trinseo had a 50/50 joint venture with Sumitomo Chemical Co., under the name Sumika Styron Polycarbonate Ltd. that produces polycarbonate resins and serves markets throughout Asia.
In May 2011, Trinseo announced a strategic partnership with Pan-European distributor, Resinex. According to the agreement, Resinex added CALIBRE PC resins, EMERGE advanced resins, and Trinseo’s product range for Electrical & Lighting applications (E&L) to its portfolio. Its technological innovations help in product differentiation and brand image building. Strong product portfolio and high focus on safety & environmental problems are the strengths that maintain its global presence.
The major participants operating in the North American Polycarbonate market are Bayer Material Science AG (Germany), SABIC Innovative Plastics (the Netherlands) Trinseo (Germany), and others.
