Borouge introduces industry solutions at Chinaplas

Abu Dhabi / WAM

Borouge, a leading petrochemical company that provides innovative, value creating plastics solutions, reinforced its position as the plastics industry’s provider of choice at the recently held Chinaplas 2016, Asia’s largest plastics trade fair, in Shanghai, China.
Visitors to Borouge booth learned about the company’s newest creative plastics solutions that demonstrate Borouge’s commitment to support the Chinese polyolefin industry and fortify its continuous efforts to grow and keep developing new creative solutions that add value to its customers as well as to society.
Wim Roels, Chief Executive Officer of Borouge, said, “The world today faces huge global challenges around carbon emissions, food, drinking water and sanitation. Borouge’s role is to provide specialised solutions that allow plastics to play a positive role in addressing these challenges. We achieve this through deep engagement in our focus industries which include packaging, infrastructure, energy, mobility, healthcare, and agriculture. We engage the value chain of each industry across our territory, seeking to develop differentiated solutions that address the problems that matter most. This strategy has created excellent innovation stories in China, which we are proud to share at Chinaplas.”
Vincent Ong, Borouge’s Senior Vice President of Asia North, said that China continues to be a key strategic market for Borouge, as the company continues to enhance its presence in the market. “In the face of slowing growth in China, we are focused on creating more value for our customers. We continue to improve our regional operations, expand our logistic networks to ensure security of supply as we continuously invest in production capacity and innovation capabilities; all in the aim of building customer confidence.”
Borouge inaugurated its first Compounding Manufacturing Plant facility outside of the UAE in 2010 in Fengxian, Shanghai. The facility has increased its annual production capacity of compounded resins from 50,000 tonnes to 90,000 tonnes mainly for the automotive market at the end of 2015, with the addition of two new production lines.