December 01, 2008

Borouge and Agility break ground for the new logistics hub and compound manufacturing unit in Shanghai

Polymers produced at the facility will be used in a wide range of applications including extruded pipe, films and packaging, terraforming and fibres, as well as household and white goods.

Borouge, a leading provider of innovative, value creating plastics solutions, and Agility, a leading global logistics provider, broke ground on November 28, 2008, for a new logistics hub in Shanghai that will receive over 600,000 tonnes of polyolefins (polypropylene and polyethylene) annually. These polymers are used in a wide range of applications including extruded pipe, films and packaging, terraforming and fibres, as well as household and white goods.

The 70,000 sq m facility, which will mainly serve the China market, will be completed by 2009 and will be fully operational by May 2010, employing some 120 dedicated Agility staff. The hub will receive the polymer granules in bulk containers directly from the Borouge Middle East gateway situated at Ruwais in Abu Dhabi.

A 30,000 sq m Compound Manufacturing Unit (CMU) will also be built for Borouge on the same site in Shanghai, producing 50,000 tonnes of compounds each year for use in automotive, domestic appliance, power tool and electrical applications. When completed most of this compounded product will be for customers in the Shanghai area.

Borouge is a joint venture between Abu Dhabi National Oil Company (ADNOC), one of the world's largest oil and gas companies, and Borealis a leading provider of innovative, value creating plastics solutions. Borouge's state-of-the-art petrochemical complex is located at Ruwais, Abu Dhabi in the United Arab Emirates.

The ground breaking ceremony was held on the site in Fengxian with close to 100 attendees from Agility, Borouge, local government officials, and other dignitaries in attendance. Essa Al-Saleh, CEO, Agility Global Integrated Logistics and Ahmed Omar Abdulla, Borouge PTE Board Member and Chairman of Borouge Marketing Projects Steering Committee, led the official ground breaking ceremony.

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Borealis and Borouge are leading providers of innovative, value creating plastics solutions. With more than 40 years of experience in polyolefins and using our unique Borstar® technology, we focus on the infrastructure, automotive and advanced packaging markets. We have production facilities, innovation centres and service centres across Europe, the Middle East and Asia Pacific and work with customers in more than 170 countries around the world to provide plastic materials that make an essential contribution to society and to sustainable development. We are committed to the principles of Responsible Care® and to leading the way in 'Shaping the Future with Plastics™.’

Borstar is a trademark of Borealis A/S.
Shaping the Future with Plastics is a trademark of Borealis A/S.

For more information on Borealis and Borouge, a joint venture between Borealis and the Abu
Dhabi National Oil Company, visit www.borealisgroup.com and www.borouge.com.

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