ID :
121650
Wed, 05/12/2010 - 15:39
Auther :
Shortlink :
https://oananews.org//node/121650
The shortlink copeid
Borouge opens its logistics hub in Singapore
Singapore - May 12, 2010 (WAM)- Rashed Saud Al Shamsi, Chairman of Borouge's Marketing Company joined Lee Yi Shyan, Singapore's Minister of State for Trade and Industry and Manpower, and William Yau, CEO of Borouge's Marketing Company at the official opening ceremony of the CWT logistics complex in Singapore on May 11, 2010.
CWT, being one of the largest logistics company in South East Asia, will handle up to 330,000 tonnes of value-added polyolefins from Borouge per year (t/y), including packing, repacking and distribution to Borouge's customers throughout South East Asia.
Borouge, a leading provider of innovative, value-creating plastics solutions, is a joint venture between the Abu Dhabi National Oil Company (ADNOC) and European-based chemical and innovative plastics solutions provider, Borealis.
As Borouge is currently tripling its polyolefins capacity in Abu Dhabi to 2 million tonnes per year (t/y) by mid 2010 and scheduled an additional 2.5 million t/y for 2013, the development of an enhanced supply chain infrastructure and processes is a key and strategic factor in the fast growing Asian markets.
Together with Borouge's Shanghai and Guangzhou logistics hubs in China, handling respectively up to 600,000 t/y and 245,000 t/y, as well as Borouge's plans for further investments in the near future, the Company strengthens its operations in Asia providing improved and flexible responsiveness to local customer demands, as well as consistency and security of supply. – Emirates News Agency, WAM
CWT, being one of the largest logistics company in South East Asia, will handle up to 330,000 tonnes of value-added polyolefins from Borouge per year (t/y), including packing, repacking and distribution to Borouge's customers throughout South East Asia.
Borouge, a leading provider of innovative, value-creating plastics solutions, is a joint venture between the Abu Dhabi National Oil Company (ADNOC) and European-based chemical and innovative plastics solutions provider, Borealis.
As Borouge is currently tripling its polyolefins capacity in Abu Dhabi to 2 million tonnes per year (t/y) by mid 2010 and scheduled an additional 2.5 million t/y for 2013, the development of an enhanced supply chain infrastructure and processes is a key and strategic factor in the fast growing Asian markets.
Together with Borouge's Shanghai and Guangzhou logistics hubs in China, handling respectively up to 600,000 t/y and 245,000 t/y, as well as Borouge's plans for further investments in the near future, the Company strengthens its operations in Asia providing improved and flexible responsiveness to local customer demands, as well as consistency and security of supply. – Emirates News Agency, WAM
