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01-13-2010

Borouge: Expansion in China

Borouge, a joint-venture between the Abu Dhabi National Oil Company, one of the world’s major oil companies, and Borealis, a leading provider of chemical and innovative plastics solution, is expanding its marketing, sales and innovation capabilities in Guangzhou and Shanghai, China. To this end Borouge has inaugurated a new company, Borouge Sales and Marketing

(Guangzhou) Co. Ltd., on January 6, 2010. Supported by a Guangzhou based logistics hub, fully operational in mid-2010 and capable of supplying approximately 246,000 tons of value-added polyethylene and polypropylene annually to its customers in the region, the new company will optimise the service that Borouge provides and further develop the company’s growth in the region.

In line with its commitment to delivering innovative, value creating plastics solutions to its customers, Borouge announces that it will invest in building up its innovation capability in China with the establishment of an Application Centre at its manufacturing plant in Shanghai, China. Planned for the end of 2010, the new Centre will enhance Borouge’s ability to execute research and development and conduct product performance reviews in close proximity to its customers.

Borouge is tripling the capacity of its plant in Abu Dhabi in the United Arab Emirates in 2010 to 2 million tons per year and adding polypropylene to its manufacturing portfolio. The new compounding manufacturing unit in Shanghai will supply up to 50,000 of compounded resins annually to Borouge’s automotive and appliances customers in China.

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