Further expansions for Borouge in China

Joint-venture between the Abu Dhabi National Oil Company and Borealis, Borouge is expanding its marketing, sales and innovation capabilities in Guangzhou and Shanghai. It has incorporated Borouge Sales and Marketing establishing a new sales and marketing company in Guangzhou. Fully operational in mid-2010, the new company will be capable of supplying 246,000 tons of polyethylene and polypropylene annually to customers in the region. Borouge has also announced the establishment of an application centre at its manufacturing plant in Shanghai. Planned for the end of 2010, the new centre will mainly focus on automotive and appliance applications. In addition to these investments, new compounding plant and logistics hubs in China will also go on stream in 2010. The new compounding manufacturing unit in Shanghai will supply up to 50,000 tons of compounded resins annually to automotive and appliances customers.