PHOTO
- Inauguration marks Borouge's celebration of UAE Innovation Week
- Centre has filed over 200 patents in two years
In line with the celebration of the UAE Innovation Week, Borouge, a leading petrochemical company that provides innovative, value-creating plastics solutions, officially opened on Tuesday its Innovation Centre in Abu Dhabi which plays a vital role in the Company's commitment to deliver sustainable, creative and value-added plastics to global customers.
The inauguration ceremony of the Borouge Innovation Centre was attended by
His Highness Sheikh Nayhan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, Chairman of the Abu Dhabi Sports Council, and other members of royalty, high-ranking dignitaries from the oil and gas and petrochemical industries as well as prominent figures of the Abu Dhabi Government and business community.
Located at Sas Al Nakhl in Abu Dhabi, the new hi-tech facility serves as the focal point of innovation and research in the field of polymer development and application technology. Reflecting the organisation's corporate mission of 'Value Creation through Innovation', the Borouge Innovation Centre provides value-added plastics solutions for customers worldwide, focusing on infrastructure, automotive and advanced packaging industries.
"We are honoured with the presence of His Highness Sheikh Nayhan bin Zayed Al Nahyan to inaugurate our Borouge Innovation Centre which is truly an embodiment of the vision of the UAE leadership who have sought to promote innovation as the basis of our sustainable economy," said Abdulaziz Alhajri, CEO of Abu Dhabi Polymers Company (Borouge). "The Centre is a very important milestone in the history of Borouge and, indeed, in the development of a knowledge-based economy in the UAE."
"The Borouge mission is 'Value Creation through Innovation' and the Abu Dhabi Innovation Centre is a cornerstone in delivering our strategy to provide sustainable high-value plastic solutions."
"We are proud to play a leading role in the industry through responding to the fast-growing demand for advanced, value-add plastics. And as manufacturers are investing in improving their products while adhering to consumer tastes and new regulations, we too must be at the cutting edge of innovation and work together with our partners to find solutions to market needs while also addressing global challenges such water scarcity, food security, affordable healthcare and climate change."
Since the inception of research and development operations two year ago, the Borouge Innovation Centre has filed over 200 patents - accounting for about 30 per cent of all patents registered in the World Intellectual Property Organisation database filed by UAE applicants. Around 15 per cent of products currently produced by Borouge have been developed at the Innovation Centre. It is expected that within the next five years the Innovation Centre will have filed around 750 patents, with new products accounting for around 1 million tonnes, or 25 per cent, of annual sales.
The Borouge Innovation Centre includes extensive laboratory and application development resources, supporting Borouge's unique capability in providing expertise in polymer analysis, processing, and application testing. With over 70 researchers, scientists and technicians, including more than 25 UAE nationals, the Borouge Innovation Centre works closely with the European innovation centres of Borealis, a joint-venture partner of the Company along with ADNOC. The Innovation Centre also collaborates with leading international and local educational bodies such as the Petroleum Institute and Masdar Institute in Abu Dhabi to further develop the competence of polymer science in the UAE.
"Innovation at Borouge is very much industry-driven," said Wim Roels, Chief Executive Officer of Borouge Pte Ltd, the Company's marketing arm. "With this outstanding hub of business creativity, Borouge enhances its innovation capabilities to better support our customers and respond to their increasingly complex requirements by continuously developing new sustainable and innovative product offerings and applications."
Roels added that the Centre works closely with the Company's Applications Centre in Shanghai to develop new products which are now being introduced by some of the world's biggest car manufacturers.
The new Innovation Centre strongly supports Borouge's expansion and growth strategies especially now that its new mega Borouge 3 plant has come on stream, increasing the Company's total production capacity to 4.5 million tonnes per year, and making Borouge the largest integrated, single-sited polyolefins complex in the world.
-Ends-
For further information, please contact:
Rehab Omar Ateeq, Regional Communications Manager MEAE, Borouge
Tel. +971 2 6070805, Rehab.Ateeq@borouge.com
About Borouge
Borouge is a leading petrochemical company in providing 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 joint venture at the forefront of the next generation of plastics innovation.
With its base in the United Arab Emirates and Marketing & Sales head office in Singapore, Borouge employs more than 3,000 people representing over 40 nationalities and serves customers in 50 countries across the Middle East, Asia and Africa.
Building on the unique Borstar® and Borlink™ technologies and over 50 years of experience in polyolefins, Borouge provides innovative, sustainable and value creating plastics solutions for infrastructure (pipe systems, and power and communication cables), automotive and advanced packaging applications that address global challenges such as climate change, food protection, access to fresh water, energy conservation, healthcare and waste management.
In 2010 Borouge tripled the annual production capacity of its plant in Abu Dhabi to 2 million tonnes, and with further expansion to 4.5 million tonnes in 2014, Borouge and Borealis will have a combined annual production capacity of approximately 8 million tonnes of polyethylene and polypropylene.
Borouge is expanding its commercial and logistics network in the Middle East and Asia and investing in its Innovation Centre in Abu Dhabi and R&D Application Centre in Shanghai. Focused on our company mission, Value Creation through Innovation, we ensure that our customers throughout the value chain, around the world, can rely on differentiated products and reliability of supply.
Borouge is committed to the principles of sustainability and is a signatory of the chemical industry's Responsible Care® Global Charter. Together with Borealis, Borouge is proactively addressing the world's water and sanitation challenges through the Water for the World™ initiative.
Visit www.borouge.com and see how we are Shaping the Future with Plastics.
Learn more about
Borouge at www.borouge.com
Borealis at www.borealisgroup.com
Water for the World at www.waterfortheworld.net
© Press Release 2015
