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Etihad Rail, developer of the UAE’s national rail network, has entered into an agreement with Borouge, the UAE’s leading petrochemical company, to transport 1.3 million tonnes of polyolefin per year by rail from its petrochemical plant in Al Ruways Industrial City for export.
With this partnership, Borouge has become one of Etihad Rail’s key customers.
The deal also includes the development of a rail freight terminal in Al Ruways Industrial City, covering an area of more than 1 million square meters, which will handle loading and unloading, as well as storage and maintenance of containers.
A statement from Etihad Rail said that by using rail, the time required to transport Borouge products would be reduced from 12 hours by other modes of transport to four hours.
The agreement was signed by Etihad Rail CEO Engineer Shadi Malak and Borouge CEO Hazeem Sultan Al Suwaidi in the presence of Theyab bin Mohamed bin Zayed Al Nahyan; Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, said Suhail Mohamed Al Mazrouei, Managing Director and CEO of Adnoc and Chairman of Borouge; Minister of Energy and Infrastructure.
Al Nahyan said: “This strategic partnership is in line with Etihad Rail’s efforts to provide some of the country’s largest companies with logistics solutions where they can move goods across the rail network at lower cost and time .”
“By doing so, Etihad Rail also contributes to reducing carbon emissions, in line with the UAE’s targets,” he said.
Dr. Al Jaber said that this important cooperation will contribute to the development of Abu Dhabi’s industrial sector and will support Borouge in continuously optimizing its logistics platform to reduce operating costs and carbon emissions.
He added: “The partnership strengthens Borouge’s resilience and accelerates the export of its ‘Made in UAE’ products using more sustainable modes of transport, while underscoring the partners’ commitment to the UAE’s Net Zero 2050 strategic initiative .”-TradeArabia News Service
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