Energy, Oil & Gas

AD Ports Group inks export hub deal with Borouge

ABU DHABI
AD Ports Group inks export hub deal with Borouge

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, has signed a partnership agreement with Borouge, a leading petrochemical company providing innovative and differentiated polyolefin solutions, to explore expanded collaboration opportunities aimed at enhancing export resilience and operational flexibility.

The agreement paves the way for both parties to collaborate on the establishment of an alternative international export hub on the UAE’s East Coast, as an essential element of Borouge’s long-term export strategy. 

This initiative aims to strengthen export continuity while embedding resilience by design across Borouge’s logistics network, said the company in a statement.

The collaboration will leverage AD Ports Group’s strong marine connectivity and access to its comprehensive port services of Fujairah Terminals and Eastern ports facilities in the UAE, while assessing the development of dedicated polyolefins infrastructure on the East Coast, it stated.

Both parties will assess ways to reduce reliance on constrained maritime passages and enhance flexibility in vessel scheduling and routing through joint engagement with shipping lines to enable new routes via Fujairah Terminals. 

Together, these efforts aim to support stable and reliable export flows across a diversified portfolio of ports and logistics facilities, it added.

Saif Al Mazrouei, Chief Executive Officer, Ports Cluster - AD Ports Group, said: "We look forward to collaborating with Borouge to explore opportunities that leverage AD Ports Group’s integrated port and logistics capabilities to support essential industrial exports and strengthen regional and global trade connectivity in line with the vision of our wise leadership."

Al Mazrouei said Borouge’s logistics capabilities, supporting our continued growth. "Together with AD Ports Group, we are building a more flexible and diversified network that enhances reliability, ensures continuity of supply, and reinforces our position as a trusted global supplier, supporting the UAE’s industrial strategy," he added.

Borouge CEO Hazeem Sultan Al Suwaidi said: "This strategic partnership marks a significant step forward in Borouge Plc’s logistics capabilities, supporting our continued growth."

Borouge is the largest exporter through AD Ports Group. This collaboration builds on a longstanding partnership between the two companies established in 2001, and reflects the shared ambition of AD Ports Group and Borouge to strengthen supply chain resilience and reinforce the UAE’s position as a globally competitive logistics and industrial hub.-TradeArabia News Service