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    84.450
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  • ITVI.USA
    13,798.790
    84.450
    0.6%
  • OTRI.USA
    21.660
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    -1.2%
  • OTVI.USA
    13,773.890
    87.510
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  • TLT.USA
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Agility opens Shanghai hub for petrochemical firm

Agility opens Shanghai hub for petrochemical firm

   Agility has opened a logistics hub in Shanghai for the Abu Dhabi-based petrochemical manufacturer Borouge.

   The 66,000-square-meter hub will receive and distribute up to 600,000 tons of polyolefins annually from Borouge's plant in Abu Dhabi. The facility is designed to be a distribution nexus for Asia for Borouge.

   The Shanghai hub will receive polymer resins in bulk containers directly from the Borouge Middle East gateway at Ruwais in Abu Dhabi. The polymers are used in a range of applications, including pipe systems, wires and cables, automotive components and advanced packaging as well as household white goods.

   “The world manufacturing footprint of the petrochemicals industry is in major change with production in the Middle East expected to more than double by 2015,' said Philip Browitt, chairman of Agility's chemical specialty business. 'The Shanghai Logistics Hub successfully demonstrates the key role Agility is playing in facilitating trade and investment flows and opening gateways from the Middle East to Asia and emerging markets.'