wiredinUSA February 2013

INDEX

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ASIA & AFRICA NEWS

Borouge set to grow 700%

capacity by 700 percent over four years (2010-2014). Mr Hussain Sultan Lootah, senior vice president, Middle East Africa at Borouge, said: “This robust business growth represents broad customer recognition of our technology leadership and the value we create to their businesses.” Talking about Borouge’s cable solutions, Mr Hazeem Al Suwaidi, vice president, sales Middle East, added: “Borouge is a global leader in providing innovative solutions for the wire and cable industry. With the Borouge 3 coming on stream in 2014 and the opening of [the] Borouge Innovation Centre, Borouge will continue to devel- op and produce high quality productivity solutions that enable cable makers to manufacture quality cables according to the highest industry standards while maximizing production output.”

Borouge, a provider of innovative, value creating plastics solutions to the wire and cable industry, and beyond, has announced its intention to expand production capacity under the “Borouge 3” project to reach 4.5 million tonnes by the end of 2013. As reported by AMEinfo, investment in the expansion project, planned to be fully operational by mid-2014, will reach $4.5 billion and once completed, Borouge is expected to have the world’s largest integrated single-site polyolefins plant in the world. The announcement was made by officials of the company at a press conference, held on the sidelines of Arabplast 2013 in Dubai. The company also announced that it had recorded annual sales of $3 billion in 2011 and it expects to grow its production

ASIA / AFRICA NEWS

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