The company's first year as SABIC Innovative Plastics has been an especially fast-paced one. Not only has our business faced extraordinary industry and economic challenges, many teams also raced to disconnect from and reinvent GE systems that had been supporting important business functions. And, in the wake of the acquisition, teams closest to our customers also worked hard to ensure that any changes were as seamless as possible to them.

In a message to all employees today, President and CEO Charlie Crew praised employees' work over the past year: "I want to take this opportunity to recognize the work in every function to complete the transition to our new company. We had great efforts by so many. And beyond all the outstanding work internally, there has been a super effort to transition the business without any disruption to our customer base. In many ways we have strengthened our value to the customers by becoming part of the SABIC family of companies