Borouge expansion deal signed
01 June 2010
ABU Dhabi Polymers Company (Borouge) has awarded a joint venture contract worth Dh6.2 billion ($1.7 billion) to Tecnimont and Samsung Engineering to build a petrochemical plant as part of the UAE’s Ruwais refinery complex expansion.
Under the terms of the contract, Samsung Engineering-Tecnimont will build a $1.25-billion polyolefin plant and a $400-million low-density polyethylene (LDPE) plant for Borouge, which is a joint venture between UAE’s Adnoc (Abu Dhabi National Oil Company) and Austria’s Borealis.
The project includes the world’s largest polyolefin plant, which will produce 900,000 tonnes of polypropylene and 108,000 tonnes of polyethylene, and a 350,000-tonnes LDPE plant.
This lump-sum turnkey project includes design, engineering, procurement, construction and commissioning (EPCC), and is set for mechanical completion in September 2013.
- Saint-Gobain opens $60m factory
- Yammine embarks on major expansion
- Siemens secures power grid order
- Dorma hits historic 100-million mark
- Dubai auction sets record
- RTA opens seven metro stations
- Schon to fast-track work on Dubai Lagoon
- Pultron factory to serve regional market
- New mall for Ajman Uptown
- Update
- Capital Centre to get 800 Rotana rooms
- Borouge expansion deal signed
- DPG plans new city for skilled workers
- Cooling network boosted
