UAE's Borouge to build China plastics plant


DUBAI, Aug 22 (Reuters) - United Arab Emirates petrochemical company Borouge will build a plastics plant in China to supply parts to the growing Asian automotive industry, the company said in a statement on Wednesday. Borouge will build the facility in Shanghai. It will have annual capacity of 50,000 tonnes which could be expanded, Borouge said. Borouge declined to give details on the cost of the plant. Borouge is a joint venture between Denmark-based petrochemical group Borealis and ...

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