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Borouge Awards $220-Million Logistic Hub Services Contract in China to Agility

4:42 AM MDT | August 11, 2008 | Natasha Alperowicz

Borouge (Abu Dhabi), a petrochemicals joint venture in which Abu Dhabi National Oil Co. holds 60% and Borealis 40%, says it has awarded a $220-million service contract to Agility (Abu Dhabi) PJSC to build Borouge's previously announced compounding unit and logistics hub at Shanghai. The hub will provide local logistics services for Borouge's customers for a duration of 10 years sarting in 2010.    Agility will design, develop, and operate the logistics hub, ensuring the provision of infrastructure, storage facilities, packaging, and distribution...

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