Sunday 3 November 2013

Borouge eyes threefold clientele increase with capacity expansion | The National

Borouge eyes threefold clientele increase with capacity expansion | The National:

"The plastics producer Borouge is seeking to increase its customer base by threefold as it prepares to enact a massive capacity expansion at its petrochemicals plant in Abu Dhabi.

The joint venture of Abu Dhabi National Oil Company and Borealis, an Austrian chemical and plastics producer, is in the process of expanding its polymers output to 4.5 million tonnes a day from 2.5 million tonnes currently.

The move comes as listed regional petrochemical giants, such as Saudi Basic Industries Corporation, struggle with stagnant European demand and the revival of polymer producers in North America."

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