Posted by Bob Brunskill
Leading plastics solutions developer Borouge has revealed its expansion plans for the UAE.
The company, which is a joint venture between the Abu Dhabi National Oil Company and Austria-based Borealis, said it was currently investing in a new Innovation Centre in Abu Dhabi and had recently expanded the annual capacity of its plant at Ruwais, Abu Dhabi to two million tonnes of polyolefins.
By the end of 2013, Borouge said the annual capacity of the plant would be further expanded to 4.5 million tonnes.
The company unveiled its plans as it announced its participation at the Arab International Plastics and Rubber Industry Trade Show and Conference (Arabplast), which is to be held from January 8th-11th in Dubai.
Borouge said it would present its advanced and differentiated plastics solutions for the infrastructure, automotive and advanced packaging markets during the conference.
"Arabplast is a unique opportunity for us to present our innovations and the investments we are making in the Middle East," added the company.
"The 2011 exhibition is 25 per cent larger than the previous exhibition in 2009, reflecting robust global plastics demand and the growth of the Middle East markets."