Back to News

Borouge awards AED 260 million contract to Ascon for the construction of its Innovation Centre

Borouge, a joint-venture between the Abu Dhabi National Oil Company (ADNOC), one of the world's major oil companies, and Borealis, a leading provider of chemical and innovative plastics solutions, has awarded the contract worth AED 260 million for the construction of its Innovation Centre in Abu Dhabi, UAE, to Associated Construction and Investments Company (ASCON), the civil arm of the successful ETA-ASCON Group.

The new Innovation Centre, planned for completion by the end of 2011, will house more than 50 international researchers and engineers focusing on developing innovative plastics solutions for the pipe, automotive and advanced packaging industries.  The Centre itself will cover approximately 18,000 m2 and the contract includes construction of a training centre for the Gulf Plastic Pipes Academy (GPPA).

Focussing on its mission “Value Creation though Innovation”, Borouge’s Innovation Centre will work together with the Innovation Centres of Borealis in Europe and collaborate with local and international educational institutions such as the Petroleum Institute in Abu Dhabi to further develop the competence of polymer sciences in the UAE. 

END

For further information, please contact:

Borealis: Kerstin Meckler, Communications Director, 
Tel. +43 122 400 389
Email: kerstin.meckler@borealisgroup.com

Borouge: Craig Halgreen, Vice President, Global Communications, Borouge
Tel. +971 2 6070807
Email: craig.halgreen@borouge.com 

Downloads
Borouge awards AED 260 million contract to Ascon for the construction of its Innovation Centre English
Media Contact
Group Media desk
Virginia Wieser, Lena Lehner
+43 1 22 400 899 (Vienna, Austria)
media@borealisgroup.com

Latest News

Media Release – 29/11/2023

Borealis to acquire Integra Plastics AD, an advanced mechanical recycling player based in Bulgaria

Read more

Media Release – 27/11/2023

Borealis extends its collaboration with prominent educational and social institutions in the United Arab Emirates

Read more

News – 14/11/2023

Update on the Kallo case

Read more

Media Release – 02/11/2023

Borealis expands its mechanically recycled plastic compounding capacity with closing the acquisition of Rialti S.p.A.

Read more

News – 31/10/2023

Five Years of Support for the Ellen MacArthur Foundation’s Global Commitment

Read more

News – 30/10/2023

Borealis supports European plastics industry roadmap for a circular and net zero transformation

Read more

News – 30/10/2023

Borealis-backed SPIRIT program targets a breakthrough in CO2 direct capture

Read more

Media Release – 24/10/2023

Borealis signs first long-term power purchase agreement with Alpiq to supply renewable energy to Borealis production operations in Finland

Read more

Media Release – 23/10/2023

Winners of the Borealis Scientific Innovation Award recognized during Borealis Innovation Day

Read more