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 Wieser
Senior Manager, Corporate Communications, Brand & Reputation
+43 1 22 400 772
media@borealisgroup.com

Latest News

Media Release – 24/06/2022

Project STOP celebrates major milestones achieved to stop waste leaking to the environment by creating a more circular waste management system in Indonesia

Read more

Media Release – 21/06/2022

Borealis is investing in global assets to satisfy future demand for high-quality Wire and Cable compounds

Read more

Media Release – 20/06/2022

Borealis and Borouge showcase sustainable Wire & Cable innovations at the WIRE 2022

Read more

Media Release – 15/06/2022

Borealis and EREMA Group provide a first glimpse of the topics, activities and highlights they will present in Düsseldorf

Read more

Media Release – 10/06/2022

Borealis Strategy 2030: Re-inventing Essentials for Sustainable Living

Read more

News – 30/05/2022

Borealis Innovation Award 2022 for the best HTL final papers

Read more

Media Release – 12/05/2022

Borealis and Reclay Group form new joint entity, Recelerate, to make plastic circularity a reality

Read more

Media Release – 06/04/2022

Borealis and Grabher partnership gives used FFP2 face masks another life

Read more

Media Release – 05/04/2022

Leading innovator Borealis again files record breaking number of international patent applications in 2021

Read more