ABU DHABI, UAE, March 20, 2010
/24-7PressRelease/ -- Innovative plastics solutions provider Borouge has come on-board for the InnovHealth 2010 summit, which is taking place on April 25th - 26th 2010 at the Yas Island Rotana in Abu Dhabi. This strategic platform for Middle Eastern healthcare leaders is endorsed by the Ministry of Health, United Arab Emirates.
Commenting on the company's participation, vice president of Borouge Film and Moulding, Gilles Rochas said: "Borouge actively encourages innovation, making InnovHealth the perfect platform from which to showcase our healthcare solutions such as our Bormed product range. Healthcare is one of the key application segments of our advanced packaging business unit, which includes extrusion, such as film, blister and pouches - and moulding, meaning the injection moulding of medical devices and packaging, as well as blow moulding of bottles, ampoules and containers. Our technology is capable of making unique grades for specific applications in the medical field."
Borouge will be highlighting Bormed LE6609-PH, which is marketed globally by Borouge and Borealis, at InnovHealth 2010. This latest addition to its Bormed range of dedicated polyolefins (polyethylene and polypropylene) for healthcare applications is used for pharmaceutical packaging for intravenous solutions and medicines. Bormed LE6609-PH was introduced to the market in mid-2009 to meet demands for greater security in sterilised products as well as reductions in material use and more efficient manufacturing.
"We do not see effects of the global economic downturn in the medical industry." said Russell Tew, marketing manager, Borouge Film & Moulding, "Overall, phenomena like ageing populations and the growth of welfare diseases in the developed world, as well as a strong government focus on improving healthcare in developing countries overrule the slowdown of the world economy."
Borouge, Borealis' joint venture with Abu Dhabi National Oil Company (ADNOC), will triple its polyolefins manufacturing capacity to 2 million tonnes of polyolefins per year (t/y) by mid-2010 with an additional 2.5 million t/y scheduled for 2013. Borealis and Borouge currently manufactures 4 million t/y polyolefins.
InnovHealth 2010 - produced by business information company, naseba - is the region's most up-to-date summit, focusing on the latest developments in healthcare product solutions in medical research, technological development, equipment, infrastructure, pharmaceuticals and more. Several high-profile experts will speak at the event, covering a diverse range of topics. Speakers include the director general of the Ministry of Health (UAE), Dr. Salem Al Darmaki; director of Public Health for the Dubai Health Authority, Dr. Ali Hassan Al Marzooqi and vice president of Siemens Healthcare - Middle East, Maurice Faber.
Facilitating strategic networking in a five-star environment, the two-day summit invites high-profile healthcare leaders from across the region, all of whom will benefit from informative conference sessions and panel discussions.
According to media reports, Middle East governments are investing heavily in healthcare, with the introduction of compulsory health insurance being implemented throughout the region. The region's healthcare sector is said to stand at $74billion and is projected to grow by 16% annually.
About Borouge
Borouge is a leading provider of innovative, value creating plastics solutions. A joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world's major oil companies, and Austrian-based Borealis, a leading provider of chemical and plastics solutions, the company's footprint reaches across the Middle East, Asia Pacific, the Indian sub-continent and Africa. Established in 1998, Borouge employs approximately 1,400 people, has customers in 50 countries and its headquarters are in Abu Dhabi in the UAE, and Singapore.
Building on the unique Borstar technology and their 50-years plus experience in polyolefins, Borealis and Borouge provide innovative, value creating plastics solutions for the advanced packaging, infrastructure (pipe systems, and power and communication cables) and automotive sectors.
Borouge and Borealis are committed to the principles of Responsible Care and proactively contribute to addressing the world's water and sanitation challenges through their Water for the World initiative.
For more information visit:
Borouge: http://www.borouge.com
Borealis: http://www.borealisgroup.com
Water for the World: http://www.waterfortheworld.net
Borstar and Bormed are trademarks of Borealis A/S.
Shaping the Future with Plastics is a trademark of Borealis A/S.
About naseba
"The secret to our success is that we understand that all participants, sponsors, executive clients and partners, must have a return on investment - whether that investment is time or money. Our high rebooking rate of both executive delegates and sponsors is proving that we are delivering this ROI to our clients." Scott Ragsdale, naseba Chairman.
naseba produces, promotes and hosts upper level executive B2B congresses and forums across several industries across five continents. Each event is focused on re-education, networking - and most importantly - deal flow opportunities for all attendees. Whether the 'deal' is capital raising, vendor sales contracts, or purely sourcing a strategic partner, each naseba platform gives our clients the perfect opportunity to do business. We work with highly-qualified industry experts to engage with pressing issues and cutting edge topics in several industries - each of which is extensively researched by our teams.
During the event, buyers and solution providers within a specific industry meet in an exclusive five-star hotel to conduct business, share knowledge and network with peers. All participants are pre-qualified to ensure that only the ultimate decision makers attend.
naseba has worked in partnership with leading media and local authorities such as TIME, CNBC Arabia, BBC World, zawya, DEWA, Council of Saudi Chambers and the Principality of Monaco.
Since inception in 2002 naseba has organised over 350 business events, opening five strategically located offices throughout the world including in Monaco, Dubai, Bangalore, Singapore and Cairo.
At naseba, we make it happen.
For more information on naseba, please visit http://www.naseba.com.
For more information, please contact:
Josephine Deniau
Communications Manager
josephined@naseba.com
Tel: +971 43 67 13 76
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