GPCA '09: Borouge may look for new logistics hubs in Asia

10 December 2009 02:51  [Source: ICIS news]

DUBAI (ICIS news)--Borouge may look at setting up additional logistics hubs in China, India or southeast Asia in the next few years to handle the additional exports from the Borouge III  project, William Yau, CEO of the company's marketing arm, said late on Wednesday.

"No final decision has been taken yet. We will first study the performance of the three hubs we are setting up in China and Singapore for handling exports from the Borouge II project and then see how much additional logistics services we require," Yau said in an interview on the sidelines of the Gulf Petrochemicals and Chemicals Association (GPCA) forum.

The Borouge III project at Ruwais, Abu Dhabi, which includes a 1.5m tonne/year ethane cracker and downstream polyethylene (PE) and polypropylene (PP) plants - increasing the company's total polyolefins capacity to.4.5m tonnes/year - is scheduled for completion by end-2013.

The  Borouge II project, consisting of a 1.5m tonnes/year cracker, 540,000 tonnes/year PE and 800,000,000 tonnes/year PP at the same site is due for start-up in mid-2010.

"The two logistics hubs in China and the one in Singapore will be ready by the middle of next year, in time for the start-up of Borouge II," said Yau.

Borouge currently operates a 600,000 tonne/year PE facility at Ruwais.

The three-day GPCA forum ends on Thursday.

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By: Prema Viswanathan
+65 6780 4359

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