Borouge, Enpro to build logistics hub in China; ink 10-year logistics contract

20-Oct-08
Borouge, a leading provider of innovative, value creating plastics solutions, has recently inked a service contract with China's Enpro Supply Chain Management Limited to build the Borouge Guangzhou Logistics Hub in the Nansha area of Guangzhou, China. The contract ensures local logistics services for Borouge's customers in Asia for ten years with effect of the start up date of Borouge 2 in 2010. Enpro will undertake the design, development and subsequent operation of the logistics hub. The Chinese company will handle and distribute a total volume of approximately 246000 tons of value added polyolefins annually through the Guangzhou Logistics Hub. According to a senior executive with Boruoge, the contract will enable Borouge to provide a fast, flexible delivery service to our customers leveraging Enpro's strong local knowledge of the Guangzhou area and the China market as a whole. With the ongoing Borouge 2 project expansion, the company's capacity will increase to 2 mln tpa form the current 600,000 tpa by the middle of 2010 and will add polypropylene to the product mix. Borouge 2 consists of a 1.5 mln tons ethane cracker, the world's largest olefins conversion unit (with a capacity of 750,000 tons), two Borstar® polypropylene plants (800,000 tons capacity each) and a Borstar® polyethylene plant (540,000 tons).
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