Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
Abu Dhabi Terminals (ADT), the manager and operator of Khalifa Port Container Terminal, signed a contract with Borouge, a leading provider of innovative, value creating plastics solutions, through which ADT will design, construct and operate a state-of-the-art packaging facility for Borouge's export products at Khalifa Port.
The contract was signed by Abdulaziz Alhajri, CEO of Abu Dhabi Polymers Company (Borouge), and Martijn Van De Linde, CEO of ADT, during a ceremony that took place yesterday at Borouge's headquarters in Abu Dhabi. The signing ceremony was attended by Wim Roels, CEO of Borouge's Marketing & Sales Company, and senior management officials from Borouge and ADT.
Khalifa Port, supported by excellent location within Borouge logistic network and the right connectivity along with ADT's operational excellence, is the primary UAE gateway for Borouge's products to their customers around the world. Based on this agreement, the new packaging facility will enhance Borouge's overall packaging capacity and supply chain network flexibility.
Commenting on the signing of the contract, Abdulaziz Alhajri, CEO Abu Dhabi Polymers Company (Borouge), said “We are delighted to sign this contract with Abu Dhabi Terminals, and we are confident that the advanced packaging solution that ADT is going to provide us under this agreement, will further strengthen our supply chain capabilities and support our growth. In addition to the existing packaging facilities in our Ruwais plant and in our regional hubs in China and Singapore, the new packaging facilities and services in Port Khalifa will give us more flexibility to better serve our customers and achieve our business targets all over the world."
Borouge produces 2 million tonnes of polyolefins at its petrochemical plants in Ruwais and is currently expanding its industrial complex that will be resulted in increasing its total production capacity to 4.5 million tonnes in 2014. The new packaging facility set to be built at Khalifa Port is expected to be completed in early 2015 with a total capacity of 385,000 metric tonnes.
Martijn Van De Linde, Chief Executive Officer, Abu Dhabi Terminals, said “We are delighted to extend our existing partnership with Borouge, as it signals an important development and a significant step toward achieving world class and complete supply chain solutions for one of our valued customers."
"Abu Dhabi Terminals and Borouge have a long-term relationship with Khalifa Port receiving the first shipment of polyethylene for export from Borouge in October 2012, which was only one month after the start of operation at the Port."
If you have forgotten your User ID or Password, please contact customercare@tendersinfo.com.
Simply Fill out the form below