Abu Dhabi: Borouge, a leading petrochemicals company specializing in innovative polyolefin solutions, has signed a strategic cooperation agreement with Mubadala Bio, a life sciences company dedicated to improving health outcomes in the UAE and beyond. This partnership aims to enhance the local manufacturing capabilities of medical products by exploring the supply of polyolefin materials, thereby contributing to the future growth of the UAE’s healthcare and life sciences sectors.
According to Emirates News Agency, the signing ceremony was attended by prominent figures, including Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, Dr. Bakheet Al Katheeri, CEO of UAE Investments Platform, Mubadala, and Ismail Ali Abdulla, Executive Director of UAE Clusters, Mubadala. Hazeem Sultan Al Suwaidi, CEO of Borouge, and Hamad Husein Almarzooqi, Deputy CEO of Mubadala Bio, formalized the agreement during the Make it in the Emirates event, which brings together industry leaders to drive innovation and industrial growth.
Hazeem Al Suwaidi expressed enthusiasm for the partnership, highlighting its alignment with the ‘Make it in the Emirates’ initiative. He emphasized the significance of combining scientific innovation with regional insights to develop smarter and safer medical products for patients and clinicians across the Middle East and beyond. Ismail Abdulla noted that the collaboration reflects Mubadala Bio’s commitment to building a sustainable life sciences sector through advanced local manufacturing and partnerships with local entities.
Borouge’s production of Bormed RG868MO at its Al Ruwais facility in Abu Dhabi marks a significant milestone, representing the first time such a product is manufactured in the UAE for healthcare applications. This product, part of Borouge’s healthcare portfolio, meets industry sterilization standards and is ideal for pharmaceutical packaging and medical devices. The company is set to introduce a second healthcare product by the end of the year, aiming to reduce production cycle times and the carbon footprint by 5 – 10%.