Freed from the yoke of intense investor scrutiny and backed by a deep-pocketed owner with access to key chemical feedstocks, the former GE Plastics says it s ready to reassume growth as Sabic ...

Mount Vernon - The new Saudi Arabian owners of a southwest Indiana plastics factory are getting their first look at the facility. General Electric Plastics sold the Mount Vernon plant to Saudi Basic ...

Sixteen months after Sabic Basic Industries Corp. completed its $11.6 billion acquisition of GE’s plastics arm, the Riyadh, Saudi Arabia company is preparing to shake up its operational structure.

GE Plastics last year generated $6.65 billion in revenue. GE said it would receive net after-tax proceeds of about $9 billion, which would primarily be put toward the company's current stock buyback.

After inheriting a sprawling empire of businesses ranging from NBC, household appliances, and plastics to gas turbines, aircraft engines, and a huge finance arm, GE Capital, Immelt was immediately ...

LONDON (MarketWatch) -- Saudi Basic Industries Corp. may bid up to $12 billion for the plastics unit of General Electric , according to a report from the Financial Times.

By teaming with GE Plastics, General Motors cut 60 pounds from the car. The biggest potential game changer may be on the hood, where GE Plastics tested a new way to mold thermoplastics for large ...

GE Plastics, located in Pittsfield, Mass., supplies plastic resins to the automotive, healthcare and consumer electronics industries. It employs 10,300 people and GE values the business at about ...

At the recent Society of Plastics Engineers (SPE) 2007 Global Plastics Environmental Conference, GE Plastics received an environmental award for New Technologies in Progress. ...

HIGH PRICE With GE fetching 1.8 times 2006 sales and 10 times core profit for its plastics unit, some investors say Bayer should sell the business while prices are high.

GE makes premium, high-cost plastics, products as varied as painted cases for MP3 players, motorcycle helmets, Blu-ray DVDs and hot tubs. Low-weight, high-strength GE plastics wrap around the Volt ...

GE Plastics materials, including LEXAN (R) polycarbonate, are used in a wide variety of applications such as CDs and DVDs, automobile parts, computer housings, cookware, outdoor signage, cell ...