Borouge signs MoU with ADPC

23 June 2008 03:22 [Source: ICIS news]

DUBAI (ICIS news) -- Abu Dhabi Polymers Company (Borouge) has signed a Memorandum of Understanding (MOU) with Abu Dhabi Ports Company (ADPC) to provide port services at the planned Khalifa Port and to ensure Borouge’s smooth transfer of its port operations from Mina Zayed to Khalifa Port, according to a statement by the port regulator, on Saturday.

The MOU will see that during the design, development and subsequent operation of Khalifa Port, ADPC will ensure that sufficient land, storage facilities, infrastructure and services are made available at Khalifa Port to accommodate Borouge’s products and to assure the seamless transition of Borouge’s current port operations at Mina Zayed to Khalifa Port.

Borouge currently utilizes Mina Zayed for a throughput capacity of 600,000 tons of polyethylene per year and will require the provision of port services for an increase in capacity of approximately 2.1 million tons of polyolefin per year by 2010, once the Borouge 2 expansion project is completed

Upon the completion of Borouge 3 in 2014, the company will ultimately require port services for over 4.5 million tons of polyolefins.

The feasibility phase for Borouge 3 has started and is expected to be completed by the end of 2008.

The company’s current and projected future increases in production levels will remain handled by Mina Zayed until the commencement and full operation of the Khalifa Port.

Construction of Borouge 2 began in late 2007 and consists of a 1.5m tones/year ethane cracker, the world’s largest, 752,000 tonnes/year, olefins conversion unit, two Borstar polypropylene plants with a combined capacity of 800,000 tonnes/year as well as a new Borstar Enhanced polyethylene plant with a capacity of 540,000 tonnes/year

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By: Abdelghani Henni
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