Bid & Tender

News

Borouge Starts Operations of 5th Polypropylene Unit in Ruwais

UAE plastics maker Borouge, a joint venture between the Abu Dhabi National Oil Company (ADNOC) and Borealis of Austria, has started operations of its fifth polypropylene unit in Ruwais.

 

The unit will expand Borouge’s polypropylene capacity by more than 25 percent to 2.24 million tonnes per year (tpy), the company said in statement on Thursday. Its total polyolefins capacity will increase by 11 percent from 4.5 to 5 million tpy.

 

Earlier this month, ADNOC and Borealis said they are considering a potential initial public offering (IPO) of a minority stake in their plastics joint venture.

 

The company awarded last year the engineering, procurement and construction (EPC) contracts for the fourth expansion of its manufacturing complex, Borouge 4, in Ruwais. ADNOC and Borealis AG have agreed to invest $6.2 billion in the project.

 

TEI ENERGY PROJECTS REPORT 2022

Tap in project activity in the energy sector of GCC, Iraq and Iran to keep you ahead in your competitive venture!!

For more information, mail at fdesk@theenergyinfo.com

BACK

Related News