In a move that will help absorb increased production from its’ US$10 bln planned expansion, Borouge, hopes to lure high-tech plastics manufacturing companies to Abu Dhabi. This venture of the Abu Dhabi Government also aims to add new distribution centres near India's manufacturing hubs, said Hussain Lootah, Borouge's senior vice president for the Middle East. Finding new markets within and outside the UAE will be increasingly important as Borouge proceeds with an expansion targeted to raise specialised polymer production to 4.5 ml tons by 2014. The company plans to target markets in South America, the Middle East, east Africa and Asia. Distribution centres in India would add to those it has in Shanghai, Guangzhou and Singapore, and an export terminal the company is building in Ruwais in Abu Dhabi.
"We are planning to have more distribution hubs in India to stay close to our customers," Mr Lootah said.
11-Jan-11 
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