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Magazines Archives - 2009 January

Agility, Borouge building 70,000sqm hub in Shanghai
Story 8 - Logistics

AGILITY LOGISTICS, a global provider of supply-chain solutions, has kicked off the construction of a 70,000sqm logistic hub in Shanghai, China. This is in collaboration with plastic manufacturer
Borouge, which is a joint venture between Abu Dhabi National Oil Company in the Middle East and Austria’s Borealis AG.

The new facility, which will be fully operational by the first-half of 2010, will receive over 600,000 tonnes of polyolefins annually from its Abu Dhabi counterpart, Agility said.

“The world’s manufacturing footprint of the petrochemical industry is [undergoing a] major change, with production in the Middle East expected to more than double by 2015. The Shanghai platform is an example of how Agility is positioning itself [as] a gateway provider from the Middle East into Asia
and emerging markets,” said Philip Browitt, Agility’s president, chemical speciality business.

An on-site 30,000sqm compoundmanufacturing unit (CMU) will also be built to produce 50,000 tonnes of petrochemical compounds.

James Gagne, Agility’s CEO for Greater China, added: “Demand for polyolefins is growing as production in Asia’s automotive industry and whitegoods sector increases, and Agility is investing in developing this sector with Borouge in China, one of the world’s leading petrochemical producers.”
Said Wolfgang Hollermann, Agility’s CEO, Asia-Pacific: “This is all part of our Asia-Pacific strategy to grow and diversify our business to different areas.”


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2009 January Stories:

Retailing in recession Part 2: Some key do’s and don’ts for Asian retailers

Home Depot consolidates

The Obama victory: Will it benefit Asia?

How are retailers in Singapore bearing up?

Can Malaysian retailers weather the global slump?

Philippine retailers play game of conservative optimism

Domestic, global factors weigh heavily on Thai retailing

Nike opens first flagship store in South-east Asia

Agility, Borouge building 70,000sqm hub in Shanghai

Demand for prime space spikes global retail rent

Most Internet users are online shoppers

Cart of the future rolling out in Singapore stores

Asian flavours 2009: Exotic and spicy

IHHS 2009 provides retailers expert insights to survive challenging time

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