Products
Downloads
Locations / Sites
Contacts
Download list
Back to News

Borouge awards two major contracts for Borouge 2 expansion project

Borouge, a leading provider of innovative, value creating plastics solutions, today awarded contracts valued at approximately US$ 3 billion for Borouge 2, the major expansion project at the company's production facilities in Ruwais, Abu Dhabi in the United Arab Emirates.

The two contracts awarded today comprise:
  • A contract worth approximately US$ 1.855 billion for the construction of three new Borstar® technology polyolefins units and associated material handling facilities, laboratory facilities and marine works to Tecnimont S.p.A. of Italy, awarded on a lump sum turnkey basis
  • A contract for an estimated value of US$ 1.234 billion with Tecnicas Reunidas S.A. of Spain, awarded on a convertible lump sum basis to construct the offsite and utility facilities for the expanded plant

The contract with Tecnimont S.p.A. Italy will see the development of two Borstar polypropylene plants with a combined annual capacity of 800,000 tonnes and a new Borstar Enhanced PE plant with an annual capacity of 540,000 tonnes to complement the existing 600,000 tonnes per year unit. Preliminary work on the polyolefins unit will begin immediately and is scheduled to be completed in 2010.

The contract with Tecnicas Reunidas S.A. will see the supply of utilities to all the associated EPC packages for the Borouge 2 project. Preliminary work will begin immediately and is also scheduled to be completed in 2010.

These contract awards represent an important step in the Borouge 2 project which will triple Borouge's annual production capacity to two million tonnes of polyolefins. This increased capacity will enable Borouge and its customers to supply high performance products in an increasingly broad range of demanding applications.

Borouge has already signed a US$ 1.3 billion contract with Linde Engineering for the construction of a new ethylene cracker. The contract was awarded to Linde on a lump sum turnkey basis, with preliminary work already under way and completion scheduled for 2010.

Harald Hammer, Chief Executive of the Borouge marketing company commented: "Borouge has made extraordinary achievements since its inception in 1998 and market acceptance of the Borstar range has been exceptional. These contracts increase the momentum of the Borouge 2 expansion which will bring additional Borstar Enhanced Polyethylene and now Borstar Enhanced Polypropylene to customers across the Middle East and Asia-Pacific."

END

Downloads
Borouge awards two major contracts for Borouge 2 expansion project English
Media Contact
Virginia Mesicek
External Communications Manager

Related News

Media Release – 02/08/2018

Borealis records a strong first half year despite an ongoing challenging fertilizer market environment

Read more

Media Release – 30/07/2018

Borealis realises ambitious energy targets by cutting 5,000 tons of CO2 emissions every five days with the help of DNV GL

Read more

Media Release – 17/07/2018

Borealis to acquire Austrian plastics recycling company Ecoplast Kunststoffrecycling GmbH

Read more

News – 03/07/2018

Industry comes together at EREMA Discovery Days 2018: The Future of the Circular Economy – Innovative Technologies, Effective Strategies

Read more

Media Release – 28/06/2018

Borealis and Henkel cooperation produces plastic bottle and nozzle composed 100% of post-consumer recycled material

Read more

News – 21/06/2018

Henkel, APK, Borealis and Mondi are driving the circular economy of sustainable, flexible multilayer packaging

Read more

News – 19/06/2018

Borealis Innovation Award 2018 honouring the best diploma theses of TGM, school of technology Vienna

Read more

Media Release – 07/06/2018

Borealis and Borouge launch solar encapsulant film based on Borealis Quentys™

Read more

News – 29/05/2018

Polymers for Europe Alliance honors Borealis as best European polymer producer of HDPE and LDPE

Read more