Borouge: Inauguration of its First Manufacturing Plant in China
Borealis’ joint venture Borouge, Abu Dhabi in the UAE and Singapore, inaugurated its first manufacturing plant in China at a ceremony held at the plant in Shanghai on April 20, 2010.
The new plant in Shanghai is designed to provide innovative plastics solutions to the rapidly growing local automotive and household appliances industries in the region. The plant has the capacity to supply up to 50,000t of compounded resins annually and the potential to expand by 30,000t per year in the future. The base resins for the plant are to be supplied from the new polypropylene plants of Borouge in Abu Dhabi.
The historic event was attended by senior official representatives from the United Arab Emirates including the Minister of Foreign Trade, H.E. Sheikha Lubna Bint Khalid Al Qasimi, the Minister of the Economy, H.E. Sultan Bin Saeed Al Mansouri, H.E. Yousef Omair bin Yousef, the CEO of Abu Dhabi National Oil Company (ADNOC), Secretary General of the Supreme Petroleum Council and Chairman of the Board of Abu Dhabi Polymers Company Limited (Borouge), and the UAE Ambassador to China, H.E. Omer Al Betar. The Chinese delegation at the event included Fengxian Party Committee Secretary, Zhang Li ing and Fengxian Deputy Party Committee Secretary and Mayor of Fengxian, Shi Guang Hui.
Borouge is a joint venture between ADNOC, one of world’s major oil companies, and Borealis, a leading provider of chemical and innovative plastics solutions based in Austria. Rashed Saud Al Shamsi, Chairman of the Board of Borouge’s Marketing Company, Abdulaziz Alhajri, CEO of Borouge’s Production Company, William Yau, CEO of Borouge’s Marketing Company, as well as the Members of the Boards of Borouge and its business partners and customers attended the ceremony.
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