Products
Downloads
Locations / Sites
Contacts
Download list
Back to News

Borouge services Chinese growth with expanded office in Puxi, Shanghai

Borouge, the leading provider of innovative plastics solutions in the Middle East, Asia Pacific and Africa, today announced that it moves its Shanghai office to Plaza 66 Tower 2 at Nanjing Xi Lu, located in the heart of Puxi, Shanghai, with effect from June 18 2007.

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 and fruitful 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 in the United Arab Emirates.

The new Borouge office will be eight times the size of Borouge's previous Shanghai premises – and will provide enough office space to meet Borouge's staff growth requirement . Borouge opened its first Shanghai office in June 1996.

Harald Hammer, Chief Executive Officer of the Borouge marketing company commented: "China is extremely important for Borouge with local demand for polyethylene (PE) expected to grow 5.9% and polypropylene (PP) at 7.7% 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."

The expansion of the company's Shanghai operations follows closely on other new offices in the region. Borouge moved its global marketing headquarters to larger premises in Singapore in April 2007, and opened full sales and services offices in Melbourne, Australia and Auckland, New Zealand in December 2006.

END

Downloads
Borouge services Chinese growth with expanded office in Puxi, Shanghai English
Media Contact
Virginia Mesicek
External Communications Manager

Related News

Media Release – 11/12/2018

Lucrèce Foufopoulos - De Ridder appointed as Borealis Executive Vice President Polyolefins and Innovation & Technology

Read more

Media Release – 06/12/2018

Borealis increases PP capacity in Europe; strengthens commitment towards European customer base

Read more

Media Release – 05/12/2018

Thinking circular, Borealis launches EverMinds™: a new communication platform dedicated to circular economy solutions

Read more

Media Release – 29/11/2018

Borealis issues inaugural rated corporate bond

Read more

News – 13/11/2018

​Borealis Annual Report 2017 honoured with Austrian Sustainability Reporting Award (ASRA) 2018 in the category of first GRI report

Read more

Media Release – 31/10/2018

Borealis delivers a solid quarter, focusses on growth and further strengthens commitment to plastics recycling

Read more

Media Release – 30/10/2018

Project STOP: Scale-up commitment and next city partnerships announced at Our Ocean Conference 2018 in Bali, Indonesia

Read more

Media Release – 29/10/2018

Borealis signs agreement to acquire a controlling stake in South Korean compounder DYM Solution Co. Ltd

Read more

Media Release – 29/10/2018

Borealis supports Global Commitment to Eliminate Plastic Pollution at the Source and Commits to more than Quadruple its Recycled Plastics Volume by 2025

Read more