Borouge, as part  of its expansion plans, has shifted its Shanghai operations to a bigger premises in Puxi.

The new office is eight times the size of its present premises – and will provide enough office space to meet Borouge‘s staff growth requirement, said a company official.

A leading provider of innovative plastics solutions in the Middle East, Asia Pacific and Africa, Borouge, had opened its first Shanghai office in June 1996.

The new office will support Borouge’s booming business in the rapidly-expanding Chinese market and the tripling of Borouge’s production capacity by 2010, he said.

This will support the company’s fast growing business in the booming Chinese market, to which Borouge has been focusing on supplying value-added products to the infrastructure, automotive and advanced packaging industries.

'Borouge – through its parent company, Borealis – has a long history in China, with its first footprint established in Hong Kong in the early 1980s. It has since expanded its operations to three cities – Beijing, Shanghai and Hong Kong.'

Borouge is set to triple its existing production capacity of polymers made using Borstar technology to two million tonnes per annum by 2010 with additional capacity coming online from Borouge 2, Borouge’s multi-billion dollar expansion project at its production site in Ruwais, in Abu Dhabi.

Borouge marketing company CEO Harald Hammer said China was extremely important for Borouge with local demand for polyethylene (PE) expected to grow 5.9 per cent  and polypropylene (PP) at 7.7 per cent per annum over the next five years.

'As we enter the most aggressive growth phase in our history with two million tonnes through Borouge 2 coming online in 2010, it is imperative that we put in place the infrastructure to grow our business in what is becoming one of the most exciting markets in the world.'

'This move will also enable us to further strengthen our operations in China and improve service levels to our customers,” he added. TradeArabia News Service