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10/29/2002
Plant opening reinforces Borouge's industry leadership in the polyolefins market

Borouge today announced the official opening of its world-class US$1.2 billion petrochemical complex in Ruwais, in the United Arab Emirates (U.A.E).

It is the first petrochemical facility in the Middle East and Asia Pacific to be equipped with Borealis’ proprietary Borstar® bimodal polymerisation technology. The new plant provides the platform for Borouge to secure a significant share of the bimodal polyethylene market in the Middle East and Asia Pacific.

The new petrochemical complex comprises a 600,000 tonnes per year ethylene cracker and two Borstar bimodal polyethylene lines which can produce up to 450,000 tonnes per year of high-, medium- and linear low-density polyethylene. The products from the Ruwais plant will serve the flexible- and rigid-packaging as well as pipe and wire & cable industries.

Mr Hubert Puchner, Chief Executive Officer, Borouge Pte Ltd. said, "The inauguration of the Ruwais facility is a further step in reinforcing Borouge's industry leadership in the polyolefins market. International standards increasingly require manufacturers to conform to more stringent quality and safety standards. As a result, there is tremendous potential for growth in regional demand for the highest quality polyethylene, especially for water and gas pipes. Production in our Ruwais plant will ensure our cutting-edge technology exceeds these safety and quality standards."

Our bimodal-PE products will bring additional value to our customers through enhanced properties and economic processing, he added. In addition the new operation guarantees quick and cost-efficient delivery of our products to our customers via two alternative ports in Mina Zayed in Abu Dhabi and Jebel Ali in Dubai.

The 260-hectare plant will lend crucial support to Abu Dhabi's efforts to diversify its core oil and natural gas business base and develop its downstream energy-intensive industries such as petrochemicals, fertilisers, and steel, as well as expand its oil-refining capacity.

Mr Harri Bucht, CEO of Abu Dhabi Polymers Co Ltd (Borouge) said that the Ruwais facility will boost Abu Dhabi's exports to the Middle East and Asia, as well as generate work for sectors providing support and services to our company. He said: "Borouge will create new employment opportunities in the Emirates, bring a new technology and transfer petrochemical industry knowledge to Abu Dhabi."

The polyethylene units using Borstar technology will generate numerous opportunities for local processing industries as a major outlet for Abu Dhabi's gas reserves, he added.

The Ruwais plant provides a well-developed infrastructure catering to the growing community at the production complex and includes residential facilities, schools, a medical hospital, as well as recreational and sporting amenities.

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