(Plastics Today) -- Polyolefins supplier Borouge, a joint venture of Borealis and the Abu Dhabi National Oil Co. (ADNOC), has opened its first production plant in China, a 50,000-tonne/yr compounding facility destined to supply the country's fast-growing automotive and household appliances markets. Plans for the site first were announced in mid-2007, and it was officially opened this week.
The event drew a high-level crowd including, from the United Arab Emirates, the Minister of Foreign Trade, the Minister of the Economy, and ADNOC's CEO, while the Chinese delegation included the Fengxian Party Committee Secretary and the mayor of Fengxian. The new compounding plant has the capacity to supply up to 50,000 tonnes of compound annually and the potential to expand by 30,000 tonnes per year. The base resins for the plant are to be supplied from Borouge's new polypropylene plants in Abu Dhabi.
In another move to strength its Chinese supply chain, Borouge is opening a logistics hub capable of handling up to 600,000 tonnes of polyolefins per year, with that hub placed adjacent to the compounding plant.
MRCMRC Reference
Borealis. The share in the Russian market in 2008:
polyethylene - 4.1% (including HDPE - 4.7%, LLDPE - 8.7%);
polypropylene - 3.2% (PP-impact - 7.5%).
Annual sales growth in Russia over the last 5 years:
polyethylene - 11%;
polypropylene - 6%.
Leader in polymers processing technologies:
extrusion coating;
cable extrusion;
injection molding.