19 August 2010 11:25 [Source: ICIS news]
LONDON (ICIS)--Borouge is planning to build additional plastics application centres after the completion of a small facility in Shanghai, China, the joint venture said on Thursday.
William Yau, CEO of Borouge’s marketing company in Singapore, said: “As part of a longer-term strategy, we want to expand the Shanghai centre and also look at the possibility of other similar types of plastics application centres elsewhere in China and possibly in India.”
Borouge is also planning a second plastics compounding plant in China. Yau said that a facility producing 105,000 tonnes/year of polypropylene (PP) compounds in Guangzhou, southern China, was scheduled to be operational in 2012.
The company is expanding its compounding plant in Shanghai by 30,000 tonnes/year to 80,000 tonnes/year for start-up in 2011.
Borouge is a joint venture between the Abu Dhabi National Oil Co (ADNOC) and Austria-headquartered Borealis.
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