[pageLogInLogOut]

#Sustainability

SABIC named global company of the year for its contribution towards a circular economy for plastics

Consulting and research firm Frost & Sullivan has named SABIC a Global Company of the Year as part of its 2021 Best Practices Recognition Program. SABIC was awarded the title based on Frost & Sullivan’s recent analysis of the global market for sustainability and the circular economy of used plastics recycling and resource recovery. 

Each year, Frost & Sullivan presents a Company of the Year award to the organization demonstrating excellence in growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership in customer value and market penetration. Frost & Sullivan presented SABIC with this year’s award for its efforts in driving forward the development of a circular economy for used plastics and its commitment to innovation and technology, fortified by pioneering partnerships. 

"SABIC's TRUCIRCLE™ portfolio and services have found significant adoption among businesses looking for commercially and environmentally viable solutions," noted Riana Barnard, Best Practices Research Analyst. "With its deep commitment to innovation and technology, bolstered by pioneering partnerships and leadership excellence, SABIC is all set to continue leading the global market for more sustainable material solutions.” 

Abdullah Al-Otaibi, General Manager of Engineering Thermoplastics & Market Solutions for Petrochemicals at SABIC, said: “SABIC is committed to finding innovative solutions, including our TRUCIRCLE portfolio and services, which will help to transform our industry from a linear into a circular economy. To do this, we are collaborating with a wide range of partners globally across the value chain to realise our vision of a closed loop for used plastics and moving towards a sustainable, circular future.”

In 2019, SABIC launched its TRUCIRCLE portfolio and services to help provide customers with more sustainable solutions and at the same time help close the loop and prevent valuable used plastic from becoming waste. As part of this program, which includes design for recyclability, certified renewable products from bio-based feedstock and mechanically recycled products, SABIC launched its pioneering certified circular products from advanced recycling of mixed and used plastic. The initial introduction to the market has resulted in unprecedented demand from businesses looking for commercially and environmentally viable solutions. 



Committed to driving the uptake of recycled plastic, SABIC was the first in the industry to commit to investments in advanced recycling, and a world-first commercial plant is currently under construction at its Geleen site in the Netherlands. The company collaborates with players across the entire value chain to reshape our society, industry, frameworks, and governing structures and drive systemic change to create the right conditions for a circular economy. 

© 2021 Sabic
© 2021 Sabic


Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.



More News from SABIC

More News on Sustainability

#Sustainability

Experts publish APAC policy priorities

Cascale today announced the publication of its APAC Policy Priorities Paper, developed by the Asia-Pacific (APAC) Policy Member Expert Team (MET) to identify key regional sustainability challenges and provide practical, aligned recommendations for policymakers and industry stakeholders across Asia-Pacific.

#Sustainability

GOTS version 8.0 released: advanced supply chain accountability, from fibre to finished product

Global Standard is pleased to announce the release of GOTS Version 8.0, the latest update to the world's leading processing standard for organic textiles. The updated Standard strengthens requirements for air emissions and waste management, as well as criteria for product safety. It introduces new provisions on circularity, microfibre management and updates in residue testing. Version 8.0 also elevates due diligence obligations and formalises governance requirements, including ESG disclosure, anti-corruption policies and conflict-of-interest safeguards, to support credible, responsible business conduct.

#Sustainability

The nova-Institute establishes new Renewable Feedstock Department to lay the groundwork for industrial defossilisation

The transition from fossil-based to renewable carbon – sourced from biomass, CO₂ utilisation and recycling – is the cornerstone of a climate-neutral chemical industry. The nova-Institute’s new department is dedicated to providing the essential data, analyses and strategic roadmaps required to secure a reliable future feedstock supply and make this transition a commercial and ecological reality.

#Sustainability

Textile Exchange unveils commitment-based pathway for members to accelerate responsible raw material production

Textile Exchange has unveiled further details about its new membership structure, designed to guide the fashion, textile, and apparel industry in a collective course of action toward preferred production systems for raw materials and fibers.

Latest News

#Techtextil 2026

Gebr. Otto highlights versatility at Techtextil with regional supply chains, yarn innovations and new hygiene segment

At this year’s Techtextil, Gebr. Otto places its versatility at the center of its presentation. In addition to spinning, twisting and dyeing – traditionally focused on fine cotton – textile processors will also find a competent development partner for technical specialty solutions. The Dietenheim-based spinning mill has now built up a decade of experience in the production of technical yarns, particularly from aramids. A new hygiene segment has also been established, where yarns for medical and hygiene products are currently being produced. In the future, this department could also develop textile products for the food sector. Gebr. Otto will once again be present at the BW-i joint stand, booth D81, hall 12.1. What is wound onto the spool is determined by the customer: Gebr. Otto develops according to specific customer requirements and transforms its own ideas into yarn innovations.

#Europe

Commission presents proposal for EU Inc. - unlocking the full potential of the Single Market for Europe's entrepreneurs

Today, the European Commission presented its proposal for EU Inc., a new single set of corporate rules, building the cornerstone and starting point for the EU's 28th regime. EU Inc. is an optional, digital-by-default European corporate framework. It will make it easier for businesses to start, operate and grow across the EU – incentivising them to stay in Europe, and encourage those who once looked elsewhere to return.

#Man-Made Fibers

OnceMore® from Södra brings end-to-end traceability for circular Man-made Cellulosic Fibers (MMCF) using TextileGenesis

OnceMore® from Södra, the world’s first large-scale process for recycling blended fabrics into high‐quality dissolving pulp, will begin using TextileGenesis, a Lectra company, to strengthen traceability from raw material to retail across the value chain. OnceMore® produces dissolving pulp made from blended textile waste and wood sourced from responsibly managed Swedish forests. By integrating TextileGenesis, OnceMore® supports the growing need for verified data and secure, transparent tracking throughout increasingly complex supply chain.

#Spinning

Temco launches a new DTY all-in-one solution

Temco introduces the DTY All-in-One Solution – a fully harmonized set of components engineered to give customers a highly stable, low maintenance and reproducible process environment. The solution reduces interruptions, extends component lifetimes and supports consistent yarn quality across all machine positions. All-in-One Solution – a fully harmonized set of components engineered to provide maintenance and reproducible process environment.

TOP