Mutares Acquires SABIC Engineering Thermoplastics Business to Launch NexPoint Materials

Mutares SE & Co. KGaA completed the acquisition of the Engineering Thermoplastics (ETP) business from SABIC on August 4 in a transaction valued at USD 450 million. Following the completion of the deal, the acquired business will operate under the new name NexPoint Materials. The acquisition also marks the launch of Mutares' new strategic business segment, Chemicals & Materials, strengthening the company's industrial portfolio and expanding its presence in advanced material manufacturing.

NexPoint Materials brings substantial manufacturing capabilities, including approximately 1,085 kilotonnes of resin production capacity and around 780 kilotonnes of compounding capacity. The business operates eight manufacturing facilities distributed across the Americas and Europe, enabling broad regional coverage and supply capabilities. Its portfolio includes Polycarbonate (PC), Polybutylene Terephthalate (PBT), and Acrylonitrile Butadiene Styrene (ABS) resin and compounding product lines that support multiple industrial applications.

Production Capacity and Business Overview

The acquired Engineering Thermoplastics business generates approximately USD 2.5 billion in annual revenue, reflecting its established market position and diversified operations. Its production footprint across the Americas and Europe provides flexibility to serve regional demand while supporting customers through localized manufacturing. The integration into Mutares is expected to strengthen the company's newly established Chemicals & Materials segment without changing the technical scope or operational capabilities of the business.

Engineering Thermoplastics Business at a Glance

Customer Portfolio Across End Markets

The Engineering Thermoplastics business supplies products to a broad customer base spanning several industries. Automotive represents the largest application segment, accounting for 39% of revenue, followed by Building & Construction at 20%, Consumer Products at 17%, Electrical & Electronics at 10%, and Healthcare at 3%. From a geographic perspective, the revenue mix remains balanced, with 66% generated in the Americas and 34% in Europe, highlighting the business's diversified regional presence.

Key End-Market Distribution

The business serves multiple industries through its engineering thermoplastics portfolio.

• Automotive – 39%
• Building & Construction – 20%
• Consumer Products – 17%
• Electrical & Electronics – 10%
• Healthcare – 3%
• Revenue Distribution: Americas 66%, Europe 34%

Frequently Asked Questions

What does the Mutares acquisition of SABIC's Engineering Thermoplastics business include?
The acquisition covers SABIC's Engineering Thermoplastics business across the Americas and Europe for USD 450 million. The business will operate as NexPoint Materials and becomes part of Mutares' newly established Chemicals & Materials segment. It includes approximately 1,085 KT of resin production capacity, around 780 KT of compounding capacity, eight manufacturing facilities, and a diversified customer portfolio serving automotive, construction, consumer products, electronics, and healthcare industries.

What products and markets does NexPoint Materials serve?
NexPoint Materials manufactures engineering thermoplastics including Polycarbonate (PC), Polybutylene Terephthalate (PBT), and Acrylonitrile Butadiene Styrene (ABS) resin and compounding products. The business generates approximately USD 2.5 billion in annual revenue while serving customers primarily in automotive, building and construction, consumer products, electrical and electronics, and healthcare sectors. Its operations are supported by manufacturing facilities across the Americas and Europe, with revenue distributed between both regions.