Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, and Adnoc Logistics and Services (Adnoc L&S) have announced the opening of the Borouge Global Gateway at Khalifa Port.
At the heart of the operations is a mega warehouse – the largest in the Middle East with a size of more than 40 football pitches – that will enable Borouge to store 180,000 tonnes of polyolefins every day, with 2.5 million tonnes per year throughput.
The facility will be owned and managed by Adnoc L&S, a unit of Abu Dhabi National Oil Company and the region’s largest shipping and integrated logistics company.
It will play a critical role in enabling Borouge to improve operational efficiencies, by centralising and integrating its logistical operations and also facilitate the export of the group’s ‘Made In UAE’ polymer solutions to international markets.
The warehouse is part of Borouge and Adnoc L&S’ 25-year agreement covering transportation and handling operations for Borouge’s products at Khalifa Port for export.
On the new venture, CEO Hazeem Sultan Al Suwaidi said Borouge continues to establish long-term strategic partnerships that reinforces its position as a leading provider of innovative and differentiated polyolefin solutions.
Borouge is a joint venture between Abu Dhabi National Oil Company (Adnoc) and Borealis, a leading international producer of chemical and plastics solutions headquartered in Austria.
"The inauguration of the Borouge Global Gateway is a key milestone in our growth, as we enhance our global supply chains and further capitalize on the growing demand for our innovative solutions. These world-class facilities will further optimize our operational efficiencies and cost competitiveness," he added.
Adnoc L&S CEO Captain Abdulkareem Al Masabi said: "We provide a range of integrated services for our customers, strengthening our position as Adnoc Group’s logistics platform and delivering more efficiencies."
"With the support of Borouge, we have established a strong track record of delivery across all contracted services, and also made significant investments in developing the Borouge Global Gateway, that will cover all of Borouge’s logistics requirements, from production site and feeder vessel services to main port logistics," he added.