In a volatile market, Borealis focuses on cost competitiveness and cash preservation

06-May-2009 - Borealis announces a net loss of EUR 56 million for the first quarter of 2009, a 54% improvement compared to the last quarter of 2008 as the company quickly reacts to the most significant global demand shock in decades. Focused working capital management contributed to a net debt reduction of EUR ...

Borouge commits to further the strategic expansion of its polyolefins operations in Abu Dhabi

Approximately 2.5 million tonnes per year (t/y) of polyolefins capacity to be added to support Borouge’s growth in the Middle East and Asia

16-Apr-2009 - Following the successful completion of the feasibility study announced last year, Borouge has decided to enter the FEED (front-end engineering and design) stage of its Borouge 3 project. The Company is thereby continuing with its plans to significantly expand its polyolefin operations in Abu ...

William Yau becomes CEO of Borouge’s Marketing Company in Singapore

04-Dec-2008 - William Yau has been appointed Chief Executive Officer of Borouge Pte based in Singapore with effect from November 15, 2008. He succeeds Harald Hammer, who returns to Borealis in Europe, to assume the role of Vice President for its new Mobility Business Unit. Yau comes to Borouge with many years ...

Borouge to build logistics hub in Guangzhou, China

24-Oct-2008 - Borouge, has signed a service contract with Enpro Supply Chain Management Limited to build the Borouge Guangzhou Logistics Hub in the Nansha area of Guangzhou, China. The contract ensures local logistics services for Borouge's customers in Asia for ten years with effect of the start up date of ...

Borouge awards contract to Agility (Abu Dhabi) PJSC to build the Borouge Compound Manufacturing Unit and Shanghai Logistics Hub

12-Aug-2008 - Borouge has awarded a service contract to Agility (Abu Dhabi) PJSC to build the Borouge Compound Manufacturing Unit (CMU) and Shanghai Logistics Hub in Shanghai, China, and to provide local logistics services for Borouge's customers in Asia for a duration of 10 years with effect from its ...

Borouge announces further strategic expansion of polyolefins operations beyond Borouge 2

09-Apr-2008 - Borouge announced that it has initiated the feasibility study for Borouge 3: a further expansion of its polyolefin operations in Abu Dhabi to add approximately 2.5 million tonnes per year of capacity by end of 2014. The proposed expansion would enable Borouge, a joint venture between the Abu ...

Borouge Polymers Ltd appoints new CEO

24-Sep-2007 - Borouge announced the appointment of Mr Abdul Aziz Abdulla Al Hajri as Chief Executive Officer Designate of Abu Dhabi Polymers Co Ltd, the Borouge Production Company. Borouge is a joint venture established in 1998 between Borealis, a provider of creating plastics solutions, and the Abu ...

Borouge to invest in automotive market with new compounding facility in China

23-Aug-2007 - Borouge announced that it plans to develop a compounding facility in China for the manufacture of high performance polypropylene compounds for applications in the automotive and electrical appliance sectors. The new compounding facility will be constructed in the Shanghai area and will have an ...

Borealis and Borouge are co-founders of the Stockholm Water Prize

21-Aug-2007 - Borealis and Borouge have become co-founders of the Stockholm Water Prize, contributing to the promotion and reward of leadership and best practices in water and sanitation. The award was presented by the King of Sweden in the Stockholm City Hall on August 16, 2007, during World Water Week. This ...

Borouge awards US$300 million olefins conversion unit contract for Borouge 2 expansion project

15-Jun-2007 - Borouge awarded a contract worth approximately US$300 million for the construction of a new olefins conversion unit (OCU) to Samsung Engineering for Borouge 2, the major expansion project at the company's production facilities in Ruwais, Abu Dhabi in the United Arab Emirates. According to the ...