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K 2013: Borouge joins Borealis and NOVA Chemicals

Source:Borouge Release Date:2013-07-17 190
Plastics & Rubber
The 3 polyolefin producers are among the world's leading providers of chemical and innovative plastics solutions

At K2013,  “Open Your Mind” will be the key message for Borouge, Borealis and NOVA Chemicals. These three polyolefin producers are among the world's leading providers of chemical and innovative plastics solutions, and are part of the International Petroleum Investment Company (IPIC), OMV and the Abu Dhabi National Oil Company (ADNOC) family of companies, who are strongly committed to their growth.

Whilst operating as separate entities, the combined presence of Borouge, Borealis and NOVA Chemicals at K2013 clearly demonstrates the future opportunities and value created through continuous investments that expand the companies' capabilities and offerings, as well as underpin their leading positions.

Visitors to stand 6A43, Hall 6 can look forward to discussing the impact of the recently inaugurated Borealis Sirius Catalyst Plant in Linz, Austria which is a key factor in the growth strategy of the business of Borealis polyolefins. The construction of the catalyst plant represents an investment of EUR 100 million, which follows earlier investments of EUR 50 million in the expansion of the Innovation Headquarters Linz, which was opened in 2009.

The group will also be able to present the products of Borealis Plastomers (formerly DexPlastomers), a leading European supplier of Plastomers and specialty Polyethylenes that provides value and service to film and non-film markets. Operating to high HSE standards, Borealis Plastomers develops attractive polymer solutions for customers who require highly demanding sealing performance or flexible products.

Committed to growth, innovation and sustainability, Borouge is reinforcing its business momentum in the Middle East, Indian sub-continent and Asia Pacific, to be a major contributor to the polyolefin market, which is expected to surge to almost 100 million tonnes/year (t/y) by the end of the decade.  The company is expanding its Abu-Dhabi based plant’s annual capacity of polyethylene (PE) and polypropylene (PP) to 4.5 million t/y and planning to expand its R&D Application Centre and Shanghai compounding manufacturing plant to 90,000 t/y. At the same time the Company has opened a representative office in Tokyo and plans to open four new offices in Bangkok, Delhi, Ho Chi Minh City and Jakarta by the end of the year  

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