Industry
News
Wire & Cable ASIA – July/August 2007
Borouge plans for growth
with new marketing office
in Singapore
Borouge, a provider of plastics solutions
in the Middle East, Asia Pacific and
Africa, has moved its Singapore
marketing company headquarters to a
prestigious new location in the heart of
the city, from April.
The opening of the new, larger office
reflects the continued growth of the
company’s production and sales
activities in the region and the Middle
East. The marketing company’s annual
turnover exceeded US$1 billion in 2006.
The high specification office, located in
Singapore’s central business district,
has an area of 30,000ft
2
– three times
the size of the old office – and will
eventually house up to 75 employees.
The
Singapore
office
provides
leadership to its sales offices and
distributor network in 18 countries
across Asia Pacific and the Middle
East, as well as business manage-
ment, strategic development, human
resource, customer service, regional
sales for Asia Pacific, technical service
and finance support. The location was
chosen for its strategic geographic
position, excellent infrastructure and
strong global trading links.
As part of the company’s strategic
growth plans, the expansion of the
Singapore office will provide the staffing
and infrastructure resources required to
support additional capacity coming
online from Borouge 2, Borouge’s multi-
billion dollar expansion project at its
production site in Ruwais, in Abu Dhabi,
United Arab Emirates. This project is
set to triple the company’s production
capacity of polymers made using
Borstar
®
technology to 2 million tons
per annum by 2010.
Borouge, through its parent company
Borealis, has a history with Singapore
which spans 15 years. The company
first opened its Singapore headquarters
in 1998, in Alexandra Technopark with
around 10 staff. Today, the organisation
has 55 staff, representing more than
10 nationalities.
Borouge – Singapore
:
info@borouge.comWebsite
:
www.borouge.comStriking it rich!
Eurasia Mining has made a new
platinum group metals discovery on
its licence at Volchetundra in North
West Russia, where the first US
$10m of exploration is funded by
Anglo Platinum.
A drill hole on the northern half of
the licence area intersected several
zones of platinum mineralisation,
with grades between 1.9 and 11
grams per ton of platinum and
palladium.
Volchetundra, near the city of
Monchegorsk on Russia’s Kola
Peninsula, is one of three licences
held within the Eurasia/Anglo
Platinum joint venture in the region.
Initial appraisal work is also
underway on the other licences,
Monchetundra and West Imandra.
Eurasia Mining Plc – UK
Fax
: +44 207 493 8858
:
schaff@eurasia-mining.plc.ukWebsite
:
www.eurasiamining.co.uk