Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Saudi Arabia
  4. Saudi Arabian Stock Exchange
  5. Saudi Basic Industries Corporation
  6. News
  7. Summary
    2010   SA0007879121

SAUDI BASIC INDUSTRIES CORPORATION

(2010)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Saudi Basic Industries : SABIC Introduces New NORYL™ RESINS Featuring Robust Flame Retardancy and Impact Resistance for EV Battery Modules

11/30/2021 | 03:21am EST

To support broader adoption of electric vehicles (EVs), SABIC is launching two new grades of NORYL™ resin that support demand for lighter, thinner and more crash-resistant battery modules and housings. These new innovative materials - NORYL™ NHP6011 and NHP6012 resins - address key consumer requirements for EVs: improved safety, range and power. They deliver enhanced robust flame retardancy and impact strength to meet stringent industry-related safety standards, as well as thin-wall molding capability to reduce weight and accommodate more cells, helping to extend vehicle range and boost performance. These novel glass fiber-reinforced NORYL resins feature proprietary polyphenylene ether (PPE)-copolymer technology and are the latest additions to SABIC's growing NHP family of materials for mobility applications.

"Optimization of batteries is crucial to expanding adoption of electric vehicles and realizing the full sustainability benefits of e-mobility," said Darpan Parikh, global product management leader, Resins & Compounds, SABIC's Specialties business. "By helping to enhance EV batteries through better safety, higher energy density and lower weight, our new NORYL resins can also help manufacturers increase the consumer appeal of their vehicles."

Improved Properties Align with Evolving Battery Trends

Several trends are shaping the future of EV batteries. For example, stricter flame retardance requirements are now in force, driven primarily by concern about the safety of lithium-ion batteries. In Europe and Asia, battery module materials must meet the UL 94 V-0 standard. New NORYL NHP6011 and NHP6012 resins provide best-in-class, non-chlorinated/non-brominated flame retardancy that meets UL 94 V-0 requirements at 1.5 mm. In addition, they supply high stiffness and impact strength for crash protection. The two products differ in their glass fiber loadings to accommodate specific customer requirements for stiffness.

Another key trend in EV battery manufacturing is miniaturization. Battery manufacturers are striving to fit more cells in existing or smaller spaces to increase vehicle power and range. The dimensional stability and good flow properties of the NORYL grades enable thin-wall designs for cell frames, retainers and battery pack top covers. These properties help increase energy density while minimizing weight and space. Furthermore, these materials provide excellent dielectric performance with a comparative tracking index (CTI) of 2 to help avoid electrical shorts among tightly packed cells.

In addition to these outstanding mechanical properties, the new NORYL NHP6011 and NHP6012 resins provide excellent resistance to acid vs. polycarbonate (PC), better resistance to moisture compared to polyamide, and a low specific gravity.

"SABIC continues to advance the performance properties of our NORYL materials for e-mobility to keep pace with rapidly changing industry requirements, such as more robust flame retardancy," said Luc Govaerts, director, Formulation & Application Development, SABIC's Specialties Business. "By developing these unique and proprietary high-performance PPE copolymer technologies, we are able to expand our formulation design space. This is key for us to offer customers new choices for the next generation of battery designs and enable them to meet stringent requirements."

The new NORYL grades are available globally. For more information, download SABIC's brochure here.

Captions:

NORYL™ NHP6011 and NHP6012 resins address key requirements for EV batteries for improved safety, range and power with enhanced robust flame retardancy, impact strength, and thin-wall molding capability to reduce weight.

Disclaimer

SABIC - Saudi Basic Industries Corporation SJSC published this content on 01 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 08:20:05 UTC.


ę Publicnow 2021
All news about SAUDI BASIC INDUSTRIES CORPORATION
01/24GLOBAL MARKETS LIVE : Vodafone, Iliad, Unilever, KKR, Tesla...
01/24SAUDI BASIC INDUSTRIES : SABIC is Named “Top Employer Asia Pacific” for the Ni..
PU
01/21SAUDI BASIC INDUSTRIES : SABIC's New ISCC+ Certified Bio-Based LNP™ ELCRIN™ Co..
PU
01/20SAUDI BASIC INDUSTRIES : ExxonMobil, SABIC Start Operations at Gulf Coast Manufacturing Fa..
PU
01/20Saudi Arabia's SABIC launches U.S. Gulf Coast project with ExxonMobil
RE
01/19SAUDI BASIC INDUSTRIES : SABIC's Project for Breast Cancer Screening to Benefit 4,800 Wome..
PU
01/18Saudi SABIC plans petrochemicals plant in Jubail -CEO to Asharq TV
RE
01/17SAUDI BASIC INDUSTRIES : SABIC Sets off A New Chapter in Agri-Nutrients Strategic Transfor..
PU
01/16SAUDI BASIC INDUSTRIES : SABIC Joins Global Players at First-ever Minerals Summit in Saudi..
PU
01/13SAUDI BASIC INDUSTRIES : SABIC Inaugurates Life Gallery project at King Salman Science Oas..
PU
More news
Analyst Recommendations on SAUDI BASIC INDUSTRIES CORPORATION
More recommendations
Financials
Sales 2021 167 B 44 570 M 44 570 M
Net income 2021 24 086 M 6 421 M 6 421 M
Net cash 2021 3 515 M 937 M 937 M
P/E ratio 2021 15,7x
Yield 2021 3,10%
Capitalization 372 B 99 171 M 99 176 M
EV / Sales 2021 2,20x
EV / Sales 2022 2,17x
Nbr of Employees 35 000
Free-Float -
Chart SAUDI BASIC INDUSTRIES CORPORATION
Duration : Period :
Saudi Basic Industries Corporation Technical Analysis Chart | 2010 | SA0007879121 | MarketScreener
Technical analysis trends SAUDI BASIC INDUSTRIES CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Last Close Price 124,00 SAR
Average target price 121,03 SAR
Spread / Average Target -2,40%
EPS Revisions
Managers and Directors
Yousef bin Abdullah Al-Benyan Vice Chairman & Chief Executive Officer
Timothy D. Leveille Executive Vice President-Corporate Finance
Khalid Hashim Al-Dabbagh Chairman
Bob Maughon Executive Vice President-Technology & Innovation
Khaled Hamza Nahas Independent Director
Sector and Competitors