Borouge inaugurated its first manufacturing plant in China
- Borouge inaugurates its first manufacturing plant outside of the Unites Arab Emirates (UAE)
- The manufacturing plant in Shanghai confirms Borouge's commitment to its customers in China
- Capability to supply up to 50,000 tonnes per year of compounded resins to the Chinese automotive and household appliances markets
- Application Centre in Shanghai to develop tailored-application solutions
Borealis’ joint venture Borouge, a leading provider of innovative, value creating plastics solutions, inaugurated its first manufacturing plant in China at a ceremony held at the plant in Shanghai on April 20, 2010. Designed to provide innovative plastics solutions to the rapidly growing local automotive and household appliances industries, the new plant has the capacity to supply up to 50,000 tonnes per year (t/y) of compounded resins to its customers.
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, H.E. Yousef Omair bin Yousef, the CEO of Abu Dhabi National Oil Company (ADNOC), Secretary General of the Supreme Petroleum Council of the UAE, and Chairman of the Board of Abu Dhabi Polymers Company Limited (Borouge), the UAE Ambassador to China, H.E. Omer Al Betar, UAE Consul to China, H.E. Noorah Jumma, and the entire Board of Borouge.
The Chinese delegation at the event included Fengxian Party Committee Secretary, Zhang Liping and Fengxian Deputy Party Committee Secretary and Mayor of Fengxian, Shi Guanghui as well as many other officials.
"The successful start-up of our manufacturing plant in Shanghai is an important strategic milestone in the development of our business in China," says William Yau, Chief Executive Officer of Borouge's Marketing Company. "Together with our logistic hubs in Shanghai and Guangzhou as well as our plans for further investments in the near future, it showcases our strong commitment to the Chinese market amid the economic downturn globally. By being closer to our customers, we will be better poised to meet the expectations and needs of our present and future customers in China."
The manufacturing plant is the first-ever facility of Borouge outside of the United Arabic Emirates and has the potential to expand to 80,000 t/y in the future. Leveraging the additional 800,000 t/y polypropylene capacity at its petrochemical complex in Abu Dhabi and the strong relationships that Borouge is developing with the Chinese automotive value chain, the Shanghai manufacturing plant will provide a range of innovative plastics solutions for bumpers, body panels, dashboards and door claddings.
The highlight of the ceremony was a car parade which creatively presented an array of innovative automotive solutions that Borouge offers to the market today, providing a platform for future innovations.
Borouge is currently also establishing an Innovation Centre in Abu Dhabi and an Application Centre at the Shanghai manufacturing plant to enhance its ability to execute research and development and conduct product performance reviews in close proximity to its customers.
Adjacent to the manufacturing plant, Borouge is putting into operation its logistics hub, which will be capable of handling up to 600,000 tons of value-added polyolefins per year thereby improving its local supply chain to the infrastructure and advanced packaging markets in addition to the automotive markets.
END
For further information, please contact:
Kerstin Meckler, Head of Communications, Borealis
Tel. +43 1 22 400 389
kerstin.meckler@borealisgroup.com
Craig Halgreen, Vice President, Global Communications, Borouge
Tel. +971 2 6070807
craig.halgreen@borouge.com
Katinka Brodahl, Trade Media Relations, Borouge
Tel. +65 63114252
katinka.brodahl@borouge.com