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Borouge awards three EPC contracts for Borouge 3 expansion project

By Gerald Ondrey |

Borouge, a joint-venture between the Abu Dhabi National Oil Co. and Borealis has awarded three major Engineering, Procurement and Construction (EPC) contracts valued at approximately $2.6 billion for its Borouge 3 expansion project in Ruwais, Abu Dhabi, in the UAE. These significant investments will expand the production capacity of the plant to 4.5 million metric tons (m.t.) per year by 2013, making it the largest integrated polyolefins site in the world.   A contract worth $1,255 billion for the construction of two Borstar enhanced polyethylene and two Borstar enhanced polypropylene units, as well as a contract worth $400 million for the construction of a 350,000 m.t./yr low density polyethylene (LDPE) unit, was awarded to the Joint Venture consortium Tecnimont of Italy and Samsung Engineering of South Korea, on a lump sum turnkey basis. The annual capacity of the polyethylene units is 1,080,000 m.t./yr and the polypropylene units, 960,000 m.t./yr. In addition, a contract worth $935 million for the Utilities and Off-site facilities for the expanded plant was awarded to Hyundai Engineering and Construction of South Korea. These contracts represent an important milestone in the fulfilment of Borouge’s growth strategy…
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