DP World seals Borouge distribution contract
Dubai, March 25, 2014
Dubai-based global marine operator DP World said it has signed a contract with Borouge, a leading provider of innovative, value creating plastics solutions, to support the distribution of its products.
As per the agreement, DP World (UAE region) will act as one of Borouge’s several gateways to export its products to the customers in the UAE and around the world.
Borouge was established in 1998 as a joint venture between the Abu Dhabi National Oil Company (Adnoc) and Austria-based Borealis, a leading provider of chemical and innovative plastics solutions.
The contract was signed by Abdulaziz Alhajri, the CEO of Abu Dhabi Polymers Company (Borouge), and Mohammed Al Muallem, the senior VP and managing director of DP World, UAE region during a ceremony held at Borouge’s headquarters in Abu Dhabi.
Under the terms of the contract, DP World will provide Borouge with value-added logistic services at its flagship Jebel Ali Port including the technology-driven handling operations of containers and the wide connectivity the port provides regionally and internationally.
Borouge in turn will benefit from the availability of the port’s storage facilities, staffing and seamless shipping to its customers globally.
Abdulaziz Alhajri said Borouge was pleased to collaborate with such a strong international port services provider like DP World to distribute its products shipped from the company's plants in Ruwais to its customers around the world.
“The signing of this contract with DP World embodies our commitment to ensure fast and safe shipments of our products looking forward to the high quality services DP World will be providing us,” he stated.
On the deal, Al Muallem said: "DP World was proud to provide Borouge with value-adding, efficient general cargo handling services and unparalleled sea connectivity through Jebel Ali Port, with 98 weekly services to over 115 direct ports of call."
"We provide a cost-effective distribution platform that allows Borouge to quickly deliver to its customers the quality Abu Dhabi-made products they expect from this global leader of innovative plastics solutions," stated Al Muallem.
According to him, the contract will enable Borouge to benefit from Jebel Ali’s modern technology, which supports the supply chain with gate automation systems and paperless processing of cargo documentation through a single electronic window.
"Borouge will also benefit from the semi-automated new capacity coming on line this year, which will take capacity at Jebel Ali Port to 19 million TEU (twenty foot equivalent container units) and enable Jebel Ali to handle as many as 10 of the new generation ultra large container ships at the same time," he added.-TradeArabia News Service