PHOTO
Leading innovative plastics solutions providers Borouge and Borealis strengthened their positions as long-term trusted partners of the global wire and cable industry with a full showcase of cutting-edge solutions for advanced insulation and cable protection applications at Middle East Electricity 2016 being held in Dubai from 1-3 March 2016.
The exhibition was officially opened by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, who visited the Borouge and Borealis joint stand and was briefed on the latest innovative plastics solutions that both companies offer to wire and cable manufacturers and customers.
As testament to their continued commitment to the development of the wire and cable industry, Borouge highlighted the completion of the high pressure low density polyethylene (LDPE) and the cross-linkable polyethylene (XLPE) compounding plants at Ruwais. Complementing the Borealis high pressure LDPE and XLPE plants at Stenungsund, Sweden, the new capacity expansion facilities will run on the same state of the art Borlink™ closed loop technology platform, delivering advanced, super clean XLPE solutions to cable makers, enabling them to manufacture quality end products in accordance with the highest industry standards.
"The Middle East Electricity exhibition provides a significant platform for Borouge to reinforce our continued commitment to the wire and cable industry and demonstrate our latest innovative plastics solutions for the industry including high value materials used to manufacture cables," said Hazeem Sultan Al Suwaidi, Senior Vice President Middle East Africa (MEAE), Borouge. "With the completion of the LDPE and XLPE capacity expansions, Borouge further enhances its position as a long term and reliable partner of choice."
Building on the excellent track record of Borlink™ HVDC solutions, another highlight at the Borouge and Borealis joined booth in the exhibition was the new Borlink™ LS4258DCE, an XLPE technology specially designed for the demanding High Voltage Direct Current (HVDC) applications. Type testing has been completed at 525kV based on cables produced using this grade together with Borlink™ LE0550DC semi-conducting screen compound. This industry leading performance is made possible by the unique properties of the insulation, which combine high levels of chemical and physical cleanliness to achieve a step change in DC electrical performance.
"The exhibition provides Borouge with key opportunities to engage our customers in the region, assess their needs and introduce them to our latest products tailored to meet the evolving needs of the global wire and cable industry," said Roland Janssen, Vice President Marketing Centre Wire & Cable, Borouge. "We will continue to provide the local and regional markets with sustainable solutions that create value through their optimal processing characteristics, minimal maintenance requirements, lower installation costs, longer product lifetimes and increased safety."
-Ends-
For further information, please contact:
Rehab Ateeq, Regional Communications Manager MEAE, Borouge
Tel. +971 2 607 0805, Rehab.Ateeq@borouge.com
Virginia Mesicek, External Communications Manager, Borealis
Tel. +43 (0)1 22 400 772 (Vienna, Austria), virginia.mesicek@borealisgroup.com
About Borealis and Borouge
Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. With headquarters in Vienna, Austria, Borealis currently employs around 6,500 and operates in over 120 countries. It generated EUR 8.3 billion in sales revenue in 2014. The International Petroleum Investment Company (IPIC) of Abu Dhabi owns 64% of the company, with the remaining 36% owned by OMV, the leading energy group in the European growth belt. Borealis provides services and products to customers around the world in collaboration with Borouge, a joint venture with the Abu Dhabi National Oil Company (ADNOC).
Building on its proprietary Borstar® and Borlink™ technologies and 50 years of experience in polyolefins, Borealis and Borouge support key industries including infrastructure, automotive and advanced packaging.
The Borouge 3 plant expansion in Abu Dhabi will be fully operational in 2015. Borouge 3 will deliver an additional 2.5 million tonnes of capacity when fully ramped up, bringing the total Borouge capacity to 4.5 million tonnes. Borealis and Borouge will then have approximately 8 million tonnes of polyolefin capacity.
Borealis offers a wide range of base chemicals, including melamine, phenol, acetone, ethylene, propylene, butadiene and pygas, servicing a wide range of industries. Together with Borouge the two companies will produce approximately 6 million tonnes of Base Chemicals in 2015.
Borealis also creates real value for the agricultural industry with a large portfolio of fertilizers. The company distributes approximately 2.1 million tonnes per year. This volume will increase to more than 5 million tonnes by the end of 2015.
Borealis and Borouge aim to proactively benefit society by taking on real societal challenges and offering real solutions. Both companies are committed to the principles of Responsible Care®, an initiative to improve safety performance within the chemical industry, and contribute to solve the world's water and sanitation challenges through product innovation and their Water for the World™ programme.
For more information visit:
www.borealisgroup.com
www.borouge.com
www.waterfortheworld.net
Borstar is a registered trademark of the Borealis Group.
Borlink and Water for the World are trademarks of the Borealis Group.
© Press Release 2016
