- Compounding Manufacturing Unit (CMU) facility for automotive industry with around 50,000 tonnes/year on track for operation by mid-2010.
- Borouge’s logistics hub in Shanghai located adjacent to its CMU, will be capable of handling up to 600,000 t/y.
- Borouge committed to always bringing leading technology to China in support of customer growth and needs in Automotive Industry, which is a range of innovative plastics solutions for bumpers, body panels, dashboard and door claddings.
Shanghai, China—Borouge, a leading provider of innovative, value creating plastics solutions, ensure the progress on Compounding Manufacture Unit (CMU) project in Shanghai is under schedule. The construction of CMU is expected to be completed by the end of 2009, to be operational in mid-2010. Leveraging on the Borouge 2 project and the strong networks, Borouge is developing in the Chinese automotive value chain with a range of innovative plastics solutions for bumpers, body panels, dashboard and door claddings provided from CMU in Shanghai in future.
“This is a great progress for Borouge, one that has significant strategic benefits,’ said William Yau, CEO of Borouge Marketing Company, ‘Demand in China automotive market continues grow, and is expected to grow over 10 percent per year for the next 5 years. We must accelerate our progress here now in order to serve the growing needs for our customers. Besides, the hub located adjacent to the plant also strengthens local supply chain.”
The management and employees from Borouge’s Shanghai office visited the site of the CMU and were impressed by the high class operational standards and fast progress being made with the construction of the new facilities. “I am glad to have our colleagues to see and feel this exciting progress.” said by Mr. Kevin Liu, Vice President for the Business Unit Mobility, “Borouge has gained remarkable reputation in China for excellent products and innovative solutions. Building a Compounding Plant with 50,000 t/y in Shanghai will bring its state of art manufacturing capability to China, with the ability to expand capacity as needed to meet future market demand.”
In ensuring the smooth logistics in different markets, Borouge is investing three large scale logistics and distribution hubs in Guangzhou, Shanghai and Singapore with annual supply and distribute volume up to 246,000 t/y, 600,000 t/y and 330,000 t/y respectively. These logistic hubs will enable Borouge to provide local logistics and distribution services to its customers throughout China and South East Asia when it becomes operation in mid-2010.
For further information please contact:
Borouge: Craig Halgreen, Vice President Global Communications
Tel: +971 2 6070 807
Sue Zhu, Head of Marketing Communications
Tel: +8621 6137 6805
Borouge is a leading provider of innovative, value creating plastics solutions. With a heritage of reliable customer partnership and value creation through innovation, Borouge is a unique company that brings together the very best of Europe and the Middle East.
Established in 1998 as a joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world’s largest oil and gas companies, and Borealis a leading provider of chemical and innovative plastics solutions, Borouge is a groundbreaking international partnership at the forefront of next generation plastics innovation. Borouge’s state-of-the-art petrochemical complex is located at Ruwais, Abu Dhabi in the United Arab Emirates. Together, Borouge and Borealis employ unique Borstar ® technology to produce differentiated products for high-value infrastructure (water, gas and industrial pipe systems, power and communication cables), automotive and advanced packaging.
For more information on Borouge, please visit www.borouge.com
Borstar is a trademark of Borealis A/S.
Shaping the Future with Plastics is a trademark of Borealis A/S.