The deal will see CWT provide local logistics services for Borouge’s customers in Asia for duration of 10 years with effect from its operational start-up date in 2010.
CWT Logistics will undertake the design, development and construction of a Packaging Facility, together with providing dedicated existing state-of the- art Warehouse Facilities at the Singapore Commodity Hub for the storage of Borouge products.
In addition to the storage facilities, CWT will also be providing packaging services and an integrated container depot so as to handle a total annual volume of approximately 330,000 tonnes of polyolefins dispatched by Borouge from Abu Dhabi to its SEA logistics hub.
“The SEA logistics hub is the third logistical hub to be awarded by Borouge in the Far East. The hubs will provide storage and logistics support for our operations close to our customers,” said Abdulaziz Alhajri, CEO of Borouge Abu Dhabi Polymers.