Borouge sets up sales & marketing arm in Beijing, China

29 September 2010 08:18  [Source: ICIS news]

SINGAPORE (ICIS)--Middle East-based polymer producer Borouge has set up a new marketing and sales firm in Beijing to boost its presence in China and to better serve its customers in the Asian region.

The new company - Borouge’s fourth office in China, in addition to offices in Shanghai, Guangzhou and Hong Kong - was inaugurated on Monday, Borouge said in a statement.

China is clearly an important market for Borouge and our ongoing investments reflect our commitment to a long term partnership with our customers, the region and the Chinese plastics industry,” said Borouge chairman Rashed Saud Al Shamsi, in a statement.

The company pegged China’s polyolefins consumption this year at 30m tonnes, making the country the single largest plastics market in the world.

Borouge is a joint venture between UAE’s stated-owned Abu Dhabi National Oil Company (ADNOC) and Austria’s chemical firm Borealis.

To discuss issues facing the chemical industry go to ICIS connect


By: Pearl Bantillo
+65 6780 4359



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly