Borouge breaks ground for a new Innovation Centre in Abu Dhabi
Borealis’ joint-venture Borouge, was breaking ground for its new Innovation Centre in Abu Dhabi, United Arab Emirates, on April 27, 2010. With a total investment in excess of US$ 70 million in equipment and facilities, Borouge’s Innovation Centre in Abu Dhabi will work together with the European innovation centres of Borealis as well as with local and international educational institutions such as the Petroleum Institute of Abu Dhabi, to further develop the competence of polymer science in the United Arab Emirates. It is expected to be completed at the end of 2011.
More than 50 international researchers and engineers will focus on innovations for compounding as well as innovative plastics solutions for the pipe, automotive and advanced packaging industries in close cooperation and partnership with Borouge’s customers throughout the value chain, ensuring that specific customer requirements are met.
"For Borouge, value creation through innovation is an essential success factor," says Rashed Saud Al Shamsi, Chairman of Borouge’s Marketing Company. “Putting customers’ needs at the centre of our planning is reflected in this investment. Through ongoing research and development, we can react to the market needs much quicker and we can work more closely with our value chain partners identifying together product development opportunities.”
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