13 November 2011
Borouge visits facilities and Port Island

Abu Dhabi, United Arab Emirates: The Abu Dhabi Ports Company (ADPC) received last week a high profile delegation from Abu Dhabi Polymers Company (Borouge), a leading provider of innovative, value creating plastics solutions, who toured the Khalifa Port and its facilities as part of the two corporations' efforts to strengthen bilateral ties and cooperation. Borouge delegation was introduced to the progress taking place at the multi-purpose Khalifa Port facility to fully understand the significance and importance of the Port's operations.

Mr. Abdulaziz Alhajri, CEO of Abu Dhabi Polymers Company (Borouge) and his accompanied delegation were welcomed by Mr. Ashraf Al Kaznadar, Executive Vice President of Projects at ADPC, and Mr. Mohamed Al Shamisi, Vice President of Ports at ADPC, where they discussed the aspects of enhancing business coordination between Khalifa Port and Borouge. 

The tour started off with a welcome reception at the site office and a presentation was delivered on Khalifa Port and Kizad's (Khalifa Industrial Zone Abu Dhabi) developments highlighting the amenities, facilities, connectivity, processes and equipment being used. Afterwards, the delegation was invited to a site tour to the port island passing through the main onshore gate, warehouses and container terminal.

"We are delighted to share our most recent updates with one of our major stakeholders, Borouge, as we move ahead with the development of our projects," says Mr. Al Shamisi. "Khalifa Port will accommodate Mina Zayed's traffic as well as the new cargo generated by Kizad. It is set to become one of the biggest ports in the world when all phases are completed. With a project as important as Khalifa Port, all the connections and cooperation are highly welcomed and we hope to welcome more visitors like Borouge in the future."

"We are pleased to strengthen our business relations with Khalifa Port as this significant cooperation would benefit the Port as well as Borouge who will be happy to use this facility that is close to our production plants in Ruwais to export our products to a wide range of customers all over the world," says Mr. Alhajri.

In 2010, Borouge tripled its annual production capacity in Abu Dhabi to 2 million tonnes and it is currently expanding the capacity of its polyolefins operations at Ruwais to produce a total of 4.5 million tonnes per year by mid-2014 where a large proportion of these products will be exported to customers.

Borouge delegation also included Abdullah Khalifa Al Jaberi, Vice President Procurement at Borouge, and Saeed Al Badi, Deputy Vice President Supply Chain at Borouge, along with other team members who praised the great work being implemented in ADPC's project and expressed interest in further collaboration with the entity in the near future.

-Ends-

About Abu Dhabi Ports Company
Abu Dhabi Ports Company (ADPC) is a master developer and regulator of ports and industrial zones.

ADPC's core objective is to facilitate the diversification of Abu Dhabi's economy by acting as an enabler for development and trade. It will achieve this by managing commercial ports throughout the Emirate, supporting partners with their infrastructure projects and setting up new companies and joint ventures with partners who service and operate in the ports and industrial zones sector.

ADPC was created in 2006 as part of the restructuring of the commercial ports sector in the Emirate of Abu Dhabi and given control and regulatory enforcement power over all commercial port assets previously owned by the Abu Dhabi Seaports Authority.

ADPC strives to be at the forefront of progress in industrial logistics and infrastructure and is currently focused on creating one of the world's largest concentrations of industry at Kizad. www.adpc.ae

About Borouge
Borouge is a leading provider of innovative, value creating plastics solutions. A joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world's major oil and gas companies, and Austria based Borealis, a leading provider of chemical and innovative plastics solutions, Borouge is a groundbreaking international partnership at the forefront of the next generation of plastics innovation.

Borouge has its headquarters in the United Arab Emirates and Singapore, employs approximately 1,600 people representing more than 40 nationalities and serves customers in more than 50 countries across the Middle East, Asia-Pacific, Indian sub-continent and Africa. Building on Borealis' unique Borstar® technology and experience in polyolefins for more than 50 years, Borouge provides innovative, value creating plastics solutions for the infrastructure (pipe systems, and power and communication cables), automotive and advanced packaging markets.

In 2010 Borouge tripled its annual production capacity in Abu Dhabi to 2 million tonnes and an additional 2.5 million tonnes per year will be introduced by mid-2014 to create the world's largest integrated polyolefins plant. Borouge is also investing in plants and logistics hubs in Asia and an Innovation Centre in Abu Dhabi. Today Borouge and Borealis have a manufacturing capacity of over 5.4 million tonnes of polyethylene and polypropylene annually. Focused on Value Creation through Innovation they ensure that their customers throughout the value chain, around the world, can always rely on superior products and security of supply.

Borouge is committed to the principles of Responsible Care® and together with Borealis proactively contributes towards addressing the world's water and sanitation challenges through their Water for the World™ initiative.

Visit www.borouge.com and see how we are Shaping the Future with Plastics.

About Kizad
Kizad is a 417 sq km industrial zone strategically located between Abu Dhabi and Dubai. With one of the world's most advanced deepwater seaports and world-class infrastructure, Kizad will benefit from excellent multimodal connectivity via sea, air, road and rail networks to ensure easy accessibility to and from the Industrial Zone. Phase 1, which is 51 sq km with an investment of AED 26.5 billion or $7.2 billion, is set to open in Q4 2012.

Kizad is a cornerstone of the Abu Dhabi Economic Vision 2030 which also highlights the drive to diversification of the economy in pursuit of sustainable growth less dependent on the oil and gas industries. By 2030, Kizad will be expected to contribute up to 15% of Abu Dhabi's non-oil GDP. www.kizad.com

For further information contact:
Ehab El Habbal
Senior Account Manager
Hill and Knowlton
Mob : 00971505517277
e-mail: ehab.elhabbal@hillandknowlton.com
www.hillandknowlton.com

Mike Vertigans, Vice President, Corporate Communications, ADPC
Tel: 00971 2 695 2976
e-mail: michael.vertigans@adpc.ae
www.adpc.ae

© Press Release 2011