(plastemart) -- Abu Dhabi-based polymer manufacturer Borouge has inked an agreement to build a second production plant in China's Guangzhou to produce 105,000 tpa of compounded polypropylene. Construction work on the plant is expected be completed by the middle of 2012, while investment outlay has not been disclosed. The new compounding plant will also benefit from the Application Research and Development Centre being established in Shanghai and the Innovation Centre being built in Abu Dhabi, UAE.
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.