SABIC Innovative Plastics (SABIC IP) is among the world's largest producers of high-performance polymers used by manufacturers of electronics, office equipment, computers, and automotive products. The company's units include Specialty Film & Sheet, which makes the polycarbonate sheet and film under the Lexan brand name; Polymershapes, a plastic film, sheet, and tube distributor; and Resins, a producer of all manner of plastic resins (the starting point in making most plastic materials). SABIC IP is a top producer of engineering thermoplastics. The company was formed in 2007 when General Electric sold GE Plastics to Saudi Arabia's largest public company, SABIC, for $11 billion.
